My Market View — June 12, 2026: Gold’s Standoff, the Pound’s Political Problem, and the Euro’s Big Moment
In 17 years of trading, I've learned that Fridays like this one reward patience and punish heroes. We have a possible US–Iran peace deal on the table, an ECB that just hiked rates for the first time since 2023, May CPI dropping today, and a Fed meeting next week under a brand-new chairman, Kevin Warsh. That's four major catalysts stacked into five trading days. Here's how I'm reading each market — and more importantly, how I'm managing my own risk around them. Gold: When Two Forces Cancel Out, Stand Aside or Trade the Range Gold is sitting near $4,200 after Thursday's 3% bounce, and the price action tells you something interesting about how markets digest conflicting news. A US–Iran peace deal should be bearish for gold — less fear, less…
