简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract：The gold price has succumbed to US Dollar strength of late with the Fed in focus Treasury yields and real yields continue to elevate and might add to dollar demand If Washington resolves the debt ceiling issue, where will XAU/USD end up?
US Dollar Rally and Higher Yields Dent Gold Price as Debt Ceiling Concerns Ease
As US yields rise and debt ceiling worries subside, gold prices fell to a two-month low to start the week.
Meanwhile don't missed the oppurtunity to join our livestream on how to take advantage of trading gold like a pro:
Treasury yields have been rising across the curve in recent weeks, but the short end has seen the most change.
The benchmark 2-year bond rose above 4.60% on Friday after falling to 3.66% earlier this month.
Friday's 5.30% 1-year note hit a 23-year high. The market believes the Federal Reserve will not cut rates this year, so it reached 4.03% in early March. Futures and interest rate swaps pushed that idea into 2024.
The “big dollar” may have benefited from US Dollar-denominated debt's higher return.
Silver rallied on Friday despite multi-month peaks against many currencies and a lower commodity complex. It finished down last week and is steady to start this week near US$ 23.30 an ounce.
Rising US real yields hurt gold. Real yield is nominal yield minus the market-priced inflation rate from Treasury inflation-protected securities (TIPS) for the same tenor.
The widely watched US 10-year real yield is approaching 1.60%, a level not seen since the regional banking crisis in March. Investors worry about non-interest-bearing commodities like gold when inflation-adjusted returns rise.
The DXY (USD) Index has been rising steadily, and the precious metal may follow. Gold volatility has been decreasing, which may indicate market acceptance of current pricing.
GC1 (GOLD FRONT FUTURES CONTRACT) TECHNICAL ANALYSIS
Gold is testing the bottom of an ascending trend channel that began in November last year.
The early May high of 2085.4 surpassed the March 2022 peak of 2078.8, but not the all-time high of 2089.2. Failure to break new ground to the upside has created a Triple Top, an extension of a Double Top.
A break above 2080–2090 could signal bullishness. Next resistance may be the upper ascending trend channel line near 2160.
Downside, the ascending trend line is being questioned, making the price interesting. The 100-day SMA and two prior lows are near that trend line.
If 1930 holds, the bull run may continue. Price action in the next few sessions may indicate medium-term direction.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
HYCM Capital Markets (UK) Limited reported a £236,304 loss for 2025, as higher administrative costs offset a small rise in revenue and reversed the previous year’s profit.
XELLION, a Saint Lucia-based forex broker, is reportedly facing many complaints from users. Among the complaints, the lack of smooth fund withdrawals remains the most disturbing one. This issue was not only highlighted by real users but also the Introducing Broker (IB) who expressed shock over this issue on broker review platforms. In this XELLION review article, we have examined these allegations against the brokerage entity.
If you're looking for information about AssetsFX deposit and AssetsFX withdrawal processes, you're taking a smart step when choosing a broker. However, when it comes to AssetsFX, we need to discuss some serious concerns right away. While its website shows many modern payment options that look good, many user reports tell a very different and worrying story, especially about people not being able to get their funds back. Keep reading!
When traders look at a new broker, the most important question is always about safety. This is especially true for AssetsFX, a broker whose online presence raises a serious question: Is AssetsFX safe or a scam? The answer isn't immediately obvious, as the broker has a very divided reputation. When you search for user feedback, you find two completely different stories. On the one hand, there are many positive reviews. On the other side, there are very serious claims of financial wrongdoing. This article won't waste your time. Our goal is to look through all the information, from regulatory status to real user AssetsFX complaints, to help you understand the major risks and make a smart decision about your investments.
WikiFXWikiFXWikiFXWikiFXWikiFXWikiFXWikiFXWikiFXWikiFXWikiFX
