June 8, 2026

Daily Morning Analysis Report – Monday – 08/06/2026

Daily Market Report

➢ Gold slides to its lowest level since March as Fed rate hike bets and a strong USD intensify selling pressure.
➢ Silver crashes toward its 200-day moving average, with bears targeting the $61.00 level.
➢ Israel struck military targets in western and central Iran after Iran fired ballistic missiles at an Israeli air base.
➢ Oil holds near $90.50 as the Israel-Iran conflict threatens global energy supply
➢ The Euro edges above 1.1500, buoyed by growing ECB rate hike expectations.

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Team Rafmoh

Daily Report

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