Gold Spot / U.S. Dollar
Short
Updated

Gold Loses Its Shine – Short-Term Sentiment Turns Bearish

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The factors that once made gold appealing — inflation fears, economic uncertainty, and the flight to safety — are gradually fading. As confidence grows that the Fed will maintain high interest rates for an extended period, capital is steadily moving away from gold and into more stable, yield-generating assets.

Across the financial community, there’s growing consensus: gold is no longer a top investment priority. The U.S. dollar is gaining strength, Treasury yields are rising, and gold’s support structure is weakening. While investors await the Fed’s next move, many are staying on the sidelines — or even leaning toward a bearish outlook. Notably, the rebound in the DXY is also playing a key role in adding pressure.

Gold is currently lacking momentum, lacking support, and most of all — lacking conviction. At this stage, the trend is no longer a debate, but a widely accepted short-term reality.

What about you — where do you think gold is headed next?
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