Gold pulled back at the start of the week as geopolitical tensions eased and the focus shifted to US economic data and earnings reports. The yellow metal defied gravity in recent weeks, clinging to gains despite rising yields and a strengthening dollar. Technically, gold remains overbought, but a breakdown in support levels could signal a potential trend reversal.
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.