Gold consolidates in a narrow range below the $5,200 mark during the Asian session. Geopolitical risks and trade uncertainties continue to act as a tailwind for the XAU/USD. Reduced Fed rate cut bets offer support to the USD and cap the non-yielding commodity.
Bitcoin price extended its losses and traded below the $64,500 level. BTC is correcting losses, but the bears are still in control and aim for more losses.
Ethereum price started a fresh increase from the $3,350 support zone. ETH is outperforming Bitcoin and might rise further toward the $3,650 resistance.
Bitcoin price started another decline from the $66,850 resistance zone. BTC is again moving lower and might even decline below the $65,500 support zone.