Gold trades with a positive bias for the third straight day, and holds steady above the $4,700 mark, just below a one-and-a-half-week high set the previous day. Bulls seem however hesitant, and opt to wait for further clarity over a potential US-Iran peace deal before placing fresh bets. The downside nonetheless remains cushioned on the back of fading hawkish US Fed expectations and a broadly weaker US Dollar, which tends to benefit the bullion.