In early trading on Monday in the US, gold and silver prices were weaker due to a downside correction following last week's solid gains. Rising US Treasury yields to start the trading week were also a bearish daily factor for precious metals markets. It is not surprising to see speculators trying to "buy at low prices" in the context that risk aversion is still high in the general market. December gold was last down $13.30 at $1,928.20 and December silver was down $0.13 at $22,765.
Note
SELL XAUUSD LIMIT 1919-1922✔️TP1: 1914
✔️TP2: 1909
❌SL: 1927
Note
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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.