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 started another increase above the $70,000 resistance. BTC cleared $72,000 and now the bulls seem to be aiming for a move toward $75,000.
Ethereum price is still struggling to clear the $4,000 resistance zone. ETH might consolidate for some time above $3,600 before the bulls gain strength.
Chainlink’s LINK price is moving higher above the $20.00 resistance. The price is now up over 5% and might aim for a move toward the $25.00 resistance.