Gold falls to $1,980 area as USD gathers strength
Gold lost its traction and fell toward $1,980 after testing $1,990 earlier in the day. The benchmark 10-year US Treasury bond yield clings to modest gains above 4.85%, helping the US Dollar find demand and making it difficult for XAU/USD to gather bullish momentum.
Gold now buy 1982
Target 1986
Target 1990
Target 1997
SL 1971
Gold lost its traction and fell toward $1,980 after testing $1,990 earlier in the day. The benchmark 10-year US Treasury bond yield clings to modest gains above 4.85%, helping the US Dollar find demand and making it difficult for XAU/USD to gather bullish momentum.
Gold now buy 1982
Target 1986
Target 1990
Target 1997
SL 1971
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