Gold Technical Analysis: Gold prices are currently facing strong selling pressure in the market. The trend shows that sellers are still dominating, especially as the price stays below important moving averages. This indicates a weak bullish sentiment and a possible continuation of the downward trend in the short term.
Commodity Market
Gold Steadies Near $5,000 as Iran Risks, Fed Outlook in Focus
As of February 20, 2026, spot gold is trading near the $5,000 per ounce threshold, closing at approximately $5,001.07 in recent sessions. The market is currently characterized by a tug-of-war between heightened geopolitical safe-haven demand and a hawkish outlook from the Federal Reserve.
Oil Holds Near Six-Month High as Trump Sets Iran Deal Deadline
Iran Deal News: President Donald Trump warned Iran on Thursday that it must make a deal over its nuclear program or “really bad things” will happen, and appeared to set a deadline of no more than 10 to 15 days before the US might take action.
Gold Price Holds Near $5,000 as Lunar New Year Holiday Slows Global Trading Activity
Gold prices are staying close to the important $5,000 level as global trading activity slows down during the Lunar New Year holiday period. Lower participation from major Asian markets has reduced volatility, keeping prices in a narrow range.
Bullion ETFs Become Top Picks in Broker Funding Books Amid Rising Gold Demand
Bullion ETFs are now becoming one of the most preferred investment options in broker funding books. With rising market volatility and global economic uncertainty, many investors are turning towards gold-backed exchange-traded funds (ETFs) as a safer option.