[Institution: As long as the Fed's forward guidance points to rate cuts, gold can rise] Deep Tide TechFlow reports that on May 5, strategists from State Street Global Advisors stated in a report that as long as market consensus and the Federal Reserve's forward guidance point to future easing policies, gold prices are likely to rise. Currency markets and forex traders may be waiting for a tangible (U.S.-Iran) peace agreement to reprice expectations for Fed rate cuts. They believe that as long as forward guidance indicates imminent rate cuts, gold can perform well even if the Fed keeps rates unchanged. However, if monetary policy outlook continues to shift hawkish, it could pose headwinds for gold, at least in the short term. Additionally, if oil prices stabilize at $100 per barrel as the new norm, it could also limit gold's momentum toward $5,000 per ounce. (Jin10)