Gold slumps to multi-month lows below $1,860
Following a quiet European session, Gold price turned south in the second half of the day and dropped below $1,860 for the first time since March. Although the US Dollar struggles to find demand, the ongoing rally in the US yields continues to weigh on XAU/USD.
Following a quiet European session, Gold price turned south in the second half of the day and dropped below $1,860 for the first time since March. Although the US Dollar struggles to find demand, the ongoing rally in the US yields continues to weigh on XAU/USD.
Note
Hold your gold tradesNote
Keep gold fallingNote
It's long term sellNote
Keep hold
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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.