Gold Forecast: XAU/USD eyes 200-day SMA near $4,425 on renewed Gulf hostilities, stronger Oil

US Central Command said Iran fired missiles at Kuwait and Bahrain, with US forces responding with strikes on Iran’s Qeshm Island; Iran’s IRGC attacked the US Fifth Fleet headquarters, alongside renewed Strait of Hormuz reopening and sanctions positions Perigon signal context: impact mixed, driver geopolitical.