Publier
Jul•外层空间
Gold under pressure as US Treasury yields hit 2007 highs
US 10Y yield surged to 5.27%, strengthening the USD and making non-yielding Gold less attractive. $XAU is now trading near a 7-week low.
Reuters +1
My view: Short-term bias remains bearish while Gold stays below $4,200–$4,230.
Watch $4,120–$4,100 support. A clean break could expose the $4,000 area.
FXStreet
But weaker PCE/jobs data could push yields lower and give Gold room for a rebound.
#USTreasuryYieldHigh
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