Gold rises above $1,990 as US yields turn south
Gold gained traction and turned positive on the day above $1,990 in the American session on Wednesday. The benchmark 10-year US Treasury bond yield is down more than 2% on the day below 4.8% ahead of the Fed rate decision, fueling XAU/USD's rebound.
GOLD now buy 1975
Target 1979
Target 1983
Target 1990
SL 1965
Gold gained traction and turned positive on the day above $1,990 in the American session on Wednesday. The benchmark 10-year US Treasury bond yield is down more than 2% on the day below 4.8% ahead of the Fed rate decision, fueling XAU/USD's rebound.
GOLD now buy 1975
Target 1979
Target 1983
Target 1990
SL 1965
Note
Gold buy 10 pips runningNote
Gold buy 20 pips runningNote
Gold buy 30 pips running
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.