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 failed again to clear the $53,000 resistance. BTC is now back below $52,000 and there are chances of a downside break below the $50,500 support.
Ethereum price spiked above the $3,000 resistance before the bears appeared. ETH is correcting gains, but dips might be limited below the $2,865 support.