GC futures’ tick value at $10 per 0.1 price point is a constant feature in gold trading. Recent Commitment of Traders data shows money managers increasing long holdings. Given the technical setup, a test of $2,090 isn’t off the table if macro data continues to underperform forecasts. Oil prices had slipped by mid-morning on Thursday, as hope for a ceasefire deal between Gaza and Israel remains high. A ceasefire and hostage deal between the pair is expected to come into force on Sunday with an initial six-week truce, however fighting has continued, with at least 20 Palestinians killed since the talks began, according to a BBC report. Given the above insights, here’s a hypothetical trade idea focusing on 10-Year Treasury Futures (ZN): GC futures tick value is steady at $10, and price action reflects resilience despite mixed U.S. economic signals. Bond yields have eased, and that’s historically bullish for gold. Momentum oscillators such as RSI are holding above 60, indicating buyers remain in control for now.