Gold price lacks bullish conviction amid a further rise in US bond yields, ahead of Powell
Gold price gained strong positive traction on Wednesday and shot to its highest level since early August above $1,960 in the wake of the risk of an escalation in the Middle East conflict. Early Thursday, XAU/USD consolidates its gains near $1,950.
Gold now buy 1951
Target 1955
Target 1960
Target 1970
SL 1941