$XAUT Declined as U.S.–Iran Tensions Push Oil and Dollar Higher 🚨
$XAUT prices declined about 2.5% after U.S.–Iran uncertainty pushed oil up and strengthened the dollar. Investors worried that higher energy costs may increase inflation and keep the Fed in a hawkish stance.
Talks between Washington and Tehran remain unclear. President Trump warned Iran to “take negotiations seriously,” while reports say Tehran is quietly considering a 15‑point U.S. proposal. At the same time, Axios says the Pentagon may prepare a “decisive strike,” raising market fears.
Turkey reportedly sold nearly 60 tons of gold (worth over $8 billion) since the US-Iran conflict began, adding selling pressure. Traders are also pricing in the chance the Fed raises rates further (about +12 bps in odds), and the US 10‑year yield has risen to 4.412% — reducing gold’s appeal as a safe haven 📈.
Technically, the spot price of #xautusdt failed to stay above $4,550 and the 100‑day SMA. If it closes below $4,400, the next support will be $4357. For a bullish turn, buyers must push $XAUT back above Wednesday’s high and toward $4,500 🔁.
Traders should closely watch following upcoming Fed speeches from key officials — their remarks may trigger the movement the US dollar, US Bond yields, and #xautusdt in the short term.