GOLD | Peace Deal Uncertainty Keeps Gold Highly Volatile

#XAU/USD#

GOLD | Peace Deal Uncertainty Keeps Gold Highly Volatile

Gold remains highly sensitive to geopolitical developments after the expected U.S.-Iran peace agreement failed to materialize.

The signing process has reportedly been delayed following the latest escalation in the region after Israeli strikes in Lebanon. As of now, Iran has not shown readiness to proceed with the agreement, keeping uncertainty elevated across global markets.

This uncertainty is increasing volatility in gold, as traders continue to balance geopolitical risks against broader market sentiment.

📌 A confirmed peace agreement would support de-escalation and improve risk sentiment.
📌 Further escalation or continued delays could increase volatility and keep markets on edge.

Technically
The market remains under bearish pressure while trading below the key pivot level at 4,173.

• As long as the price remains below 4,173, bearish momentum is expected to continue toward 4,126.

• A break below 4,126 would expose the next downside target at 4,105, where the market may enter a consolidation phase.

However, a confirmed 1H candle close above 4,173 would support a bullish recovery toward 4,207 and 4,251.