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Gold Forecast: XAU/USD looks to regain $4,900 on US-Iran two-week ceasefire

fxstreet.com Tier 2 2026-04-08 01:28 UTC 📖 1 min read Neutral
gold

US and Iran brokered a two-week ceasefire and agreed to negotiations on April 10, with an Iranian ten-point proposal including controlled transit through the Strait of Hormuz, withdrawal of US combat forces from regional bases, lifting primary and secondary sanctions, payment of compensation, release of frozen assets, and continued uranium enrichment Perigon signal context: impact positive, driver geopolitical.

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