Before President Trump's message about "good and productive conversations with Iran" sent markets rebounding Monday, traders had opened the week in a decidedly risk-off posture — and gold, usually a reliable safe haven in times of geopolitical stress, was t

The Fibonacci chart does not lie, and right now it is telling a deeply uncomfortable story.

Source: Money Control

Gold sank for a seventh session as the escalating war in the Middle East drove oil prices higher and reduced prospects for a US interest-rate cut in the near term. Silver slumped more than 10%.