šØ GOLD WARNING: $4,235 IS THE KEY LEVEL
Gold remains under pressure as U.S. bond yields surge, with 10-year Treasury yields hitting 5.15%.
š Bearish scenario
ā¢ Gold could retest $4,235
ā¢ Break below $4,235 ā $4,100 initially
ā¢ Next downside target: $4,000
ā¢ Rising yields increase the opportunity cost of holding gold
š Bullish reversal
ā¢ Resistance: $4,300ā$4,325
ā¢ Next key level: $4,400
ā¢ A close above $4,400 could challenge the bearish outlook
š„ Gold is at a critical technical crossroads.
Are we heading toward $4,000, or will buyers defend $4,235? š
Trade Here š $XAU | $XAG | $COPPER
#BinanceWillListHyperliquid(HYPE) #FedOctoberRateHikeOddsRiseTo69.7% #US30YearYieldHighestSince2004 #StreamerClub #Write2Earn
Gold remains under pressure as U.S. bond yields surge, with 10-year Treasury yields hitting 5.15%.
š Bearish scenario
ā¢ Gold could retest $4,235
ā¢ Break below $4,235 ā $4,100 initially
ā¢ Next downside target: $4,000
ā¢ Rising yields increase the opportunity cost of holding gold
š Bullish reversal
ā¢ Resistance: $4,300ā$4,325
ā¢ Next key level: $4,400
ā¢ A close above $4,400 could challenge the bearish outlook
š„ Gold is at a critical technical crossroads.
Are we heading toward $4,000, or will buyers defend $4,235? š
Trade Here š $XAU | $XAG | $COPPER
#BinanceWillListHyperliquid(HYPE) #FedOctoberRateHikeOddsRiseTo69.7% #US30YearYieldHighestSince2004 #StreamerClub #Write2Earn
