U S Equity Indices

Gold has recovered sharply from Friday’s lows as USD weakness and softer US bond yields improve short-term sentiment. The move now faces a key test near resistance, with traders watching whether buying momentum can extend beyond a two-day rebound.

Gold has recovered sharply from Friday’s lows as USD weakness and lower U.S. bond yields improve the near-term backdrop. The move has lifted sentiment, but traders remain focused on whether momentum can survive key resistance and broader market caution.

The S&P 500 and Dow Jones Industrial Average traded higher at mid-session as investors waited for the Federal Reserve interest rate decision. Technical traders are watching whether the indices can defend their 50-day moving averages and clear nearby retracement barriers.

USD/MXN is trading near lower levels last challenged in a sustained way more than two years ago, keeping traders divided over whether the decline has further to run. Momentum remains bearish, but intraday reversals and major support zones are making caution essential.