{"id":434098,"date":"2026-07-20T16:53:46","date_gmt":"2026-07-20T09:53:46","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/gold-stays-under-pressure-as-the-us-iran-crisis-keeps-inflation-and-rate-hike-risks-elevated-434098\/"},"modified":"2026-07-20T16:53:46","modified_gmt":"2026-07-20T09:53:46","slug":"gold-stays-under-pressure-as-the-us-iran-crisis-keeps-inflation-and-rate-hike-risks-elevated","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/gold-stays-under-pressure-as-the-us-iran-crisis-keeps-inflation-and-rate-hike-risks-elevated-434098\/","title":{"rendered":"Gold stays under pressure as the US-Iran crisis keeps inflation and rate hike risks elevated"},"content":{"rendered":"
\n

FUNDAMENTAL
\n OVERVIEW<\/p>\n

\u00a0<\/p>\n

Gold continues to
\n consolidate near monthly lows as the ongoing US-Iran crisis is keeping a lid on
\n precious metals due to renewed upside inflation risks. Overall, the risk\/reward
\n has flipped to the upside after the recent soft US inflation data and the
\n dovish repricing, but traders will need a clear de-escalation to trigger a
\n relief rally. <\/p>\n

Therefore, the US-Iran
\n headlines will continue to drive the price action, especially this week with pretty
\n much nothing on the agenda. De-escalatory news should
\n support gold and trigger short-term rallies, while further escalations will continue
\n to weigh on the market and drag prices lower.<\/p>\n

\u00a0<\/p>\n

GOLD TECHNICAL ANALYSIS \u2013 DAILY TIMEFRAME<\/p>\n<\/p>\n

On the daily chart, we can
\n see that gold is still consolidating near the monthly lows as the ongoing
\n US-Iran conflict is weighing on the market. If we get a pullback into the
\n trendline, we can expect the sellers to step in with a defined risk above the
\n trendline to position for a drop into the 3,885 level. The buyers, on the other
\n hand, will look for a break to open the door for a move into the next trendline
\n around the 4,500 level. <\/p>\n

GOLD TECHNICAL ANALYSIS \u2013 4
\n HOUR TIMEFRAME<\/p>\n<\/p>\n

On the 4 hour chart, we have
\n a minor downward trendline defining the recent bearish structure. The sellers
\n will likely continue to lean on the trendline with a defined risk above it to
\n keep pushing into new lows. The buyers, on the other hand, will want to see the
\n price breaking higher to extend the pullback into the major downward trendline.<\/p>\n

GOLD TECHNICAL ANALYSIS \u2013 1
\n HOUR TIMEFRAME<\/p>\n<\/p>\n

On the 1 hour chart, we have
\n a minor upward trendline defining the pullback into the downward trendline. The
\n buyers will likely lean on the trendline with a defined risk below it to target
\n a break above the downward trendline. The sellers, on the other hand, will look
\n for a break lower to increase the bearish bets into the 3,885 level next. The
\n red lines define the average daily range<\/a> for today. <\/p>\n

UPCOMING CATALYSTS<\/p>\n

On Thursday<\/a>,
\n we get the latest US Jobless Claims figures, while on Friday we conclude the
\n week with the Flash US PMIs. The focus remains on US-Iran headlines.<\/p>\n<\/p>\n

This article was written by Giuseppe Dellamotta at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

FUNDAMENTAL OVERVIEW \u00a0 Gold continues to consolidate near monthly lows as the ongoing US-Iran crisis is keeping a lid on precious metals due to renewed upside inflation risks. Overall, the risk\/reward has…<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-434098","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/434098","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=434098"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/434098\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=434098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=434098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=434098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}