Geopolitical Stalemate vs. Monetary Policy

Despite the ongoing naval blockade in the Middle East, the lack of fresh military escalation has allowed investors to lock in profits. The focus has pivoted toward the Federal Reserve, where incoming leadership is signaling a renewed priority on curbing energy-driven inflation through higher real rates.

Technical Support Watch

Analysts are monitoring the $4,500 level as a critical psychological and technical support band. A sustained break below this could signal a deeper correction, though central bank accumulation remains a structural floor for the metal.