[Institutions: Cooling Rate Cut Expectations and Anticipation of Middle East Conflict Resolution May Limit Gold's Upside Potential] BlockBeats News, April 6, Sky Links Capital CEO Daniel Takieddine stated that as market expectations for Federal Reserve rate cuts diminish, the upside potential for gold may be limited. Strong U.S. labor market data supports U.S. Treasury yields, putting pressure on gold. Ongoing diplomatic efforts have bolstered market expectations that the Middle East conflict may be resolved, further adding uncertainty to gold's outlook. However, geopolitical risks outside the Middle East and continued gold purchases by central banks are still providing support for gold prices. He noted that gold's short-term trend will depend on upcoming U.S. economic data, Federal Reserve policy signals, and developments in geopolitical situations. (Jin10)