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Market & Economic Intelligence Platform Insight on Macro, Commodities, Equities & Policy

18 May 2026 09:30  |

Oil Rises, Gold Holds!

Gold held steady in the Asian session on Monday (May 18th), held back by the dollar and persistently high US yields as markets maintained expectations of a hawkish Fed stance to curb inflation risks.

However, downside was limited as geopolitical risk premiums and rising oil prices kept inflation concerns and hedge demand at bay; the next focus is on Iran-Hormuz developments and Fed policy signals. (asd)

Gold Price at the Time of This Analysis' Release: $4,536

- Buy if the price moves to $4,557

- Sell if the price moves to $4,527

Resistance 2: $4,605

Resistance 1: $4,575

Support 1: $4,515

Support 2: $4,485

Note: This article is analytical in nature and not a definitive reference. Please consider the impact of fundamental and technical developments on trading before making any investment decisions.

Source: Newsmaker.id

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