Gold Weekly Forecast: US-Iran ceasefire uncertainty keeps bulls at bay

Gold (XAU/USD) posted another week of gains as headlines from the Middle East remained the main driver for the precious metal and will continue to do so in the short term.  Gold registered weekly gains but struggled to gather momentum.The uncertainty surrounding the US-Iran ceasefire could cause markets to turn cautious.Despite the recent gains, the near-term technical outlook… Gold (XAU/USD) posted another week of gains as headlines from the Middle East remained the main driver for the precious metal and will continue to do so in the short term.  Gold registered weekly gains but struggled to gather momentum.The uncertainty surrounding the US-Iran ceasefire could cause markets to turn cautious.Despite the recent gains, the near-term technical outlook is yet to confirm a bullish reversal. Gold (XAU/USD) posted another week of gains as headlines from the Middle East remained the main driver for the precious metal and will continue to do so in the short term. The announcement of a temporary ceasefire between… For traders, this matters because commodity headlines often feed directly into inflation expectations, sector rotation and currency pricing. Watch follow-through, not just the first reaction: liquidity, volatility and confirmation across related assets usually tell the real story.