Допис
✅ **Gold Falls as Rising Yields and Stronger Dollar Hit Sentiment**
Gold came under heavy selling pressure today as higher U.S. Treasury yields and a stronger dollar pushed prices lower.
After several volatile sessions, gold repeatedly failed to break above the **$4,760** resistance zone — a key technical area aligned with the **50% retracement of the March drop** and the **100-day moving average**. That rejection gave sellers control.
The decline initially found support near the **200-hour moving average**, but once that level broke, bearish momentum accelerated sharply.
Gold is now trading around **$4,560**, down roughly **$90 (-1.9%)**, after touching an intraday low near **$4,511**.
The key level now is **$4,500**, which matches previous swing lows from late April and early May. Buyers stepped in there for now, but if this support breaks decisively, another wave of selling could follow.
On the upside, immediate resistance sits at **$4,600–$4,610**, where a broken retracement level and former trendline now act as technical resistance.
If gold loses **$4,500**, the next major downside target could be the **200-day moving average near $4,322**.
**Bottom line:** Gold remains under short-term bearish pressure as rising yields and dollar strength dominate. Holding above $4,500 is critical to prevent a deeper correction.
$XAUT $XAU #MarketOverloadWeek #CPI+PPIDoubleBeat
Застереження. Вміст, опублікований на OKX Orbit, надається виключно в інформаційних цілях. Докладніше
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