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 is rising and now trading above $70,000 resistance zone. BTC could continue to rise toward the $73,000 and $75,000 levels in the near term.