GOLD CLIMING
Hello traders worldwide. Gold price has rallied in the first half of the trading week, breaking out of a bearish trend that had dominated XAU/USD price action for most of February, following a surprisingly hot US Nonfarm Payrolls report.US 10-year Treasury bond yields faced once again a super-thick resistance at 4%, which is putting a hard cap on further US Dollar upside in the past trading days. While US 10-year T-bond yields are unable to break above this level, Gold price bulls should have the edge. lets see if its going to go according our expectations.
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