{"id":435835,"date":"2026-08-11T03:00:08","date_gmt":"2026-08-10T20:00:08","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/gold-continues-to-rebound-as-it-climbs-above-the-mid-june-high-435835\/"},"modified":"2026-08-11T03:00:08","modified_gmt":"2026-08-10T20:00:08","slug":"gold-continues-to-rebound-as-it-climbs-above-the-mid-june-high","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/gold-continues-to-rebound-as-it-climbs-above-the-mid-june-high-435835\/","title":{"rendered":"Gold continues to rebound as it climbs above the mid-June high"},"content":{"rendered":"<div>\n<p>Four straight days of gains in both gold and oil is a rare occurence and it makes me anxious about the status of the US dollar. It&#8217;s notable that the gains have come amidst US intervention in the yen and yet-another mess in the Iran strategy.<\/p>\n<p>In any case, the\u00a0bounce in gold hasn&#8217;t run out of steam yet. It was lower earlier but is now up $40 and at a session high of $4382. Notably, that&#8217;s just above the mid-June high, clearing the first technical hurdle in the latest rally.<\/p>\n<\/p>\n<p>To be fair, it&#8217;s a long ways to the heady days of $5500 in February but the price action so far underscores the floor at $4000. The problem for me is the 5% rally in oil prices today undermines gold and emphasizes risks of prolongued oil price gains. I don&#8217;t think that&#8217;s an accute problem until $90-95 in brent but that&#8217;s when it starts to build (spot at $87).<\/p>\n<p>                            This article was written by Adam Button at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Four straight days of gains in both gold and oil is a rare occurence and it makes me anxious about the status of the US dollar. It&#8217;s notable that the gains have&hellip;<\/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-435835","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/435835","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=435835"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/435835\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=435835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=435835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=435835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}