🟡 GOLD BOUNCES BACK AFTER 4% CRASH!
Gold recovered as traders reassessed the Fed’s rate path amid stubbornly high Treasury yields.
📈 Gold jumped up to 1.4% to $4,175.20/oz after Monday’s 4% plunge.
⚠️ But the pressure remains:
• US long-term Treasury yield hit its highest since 2002
• Elevated oil prices could keep inflation higher
• Higher yields increase the opportunity cost of holding non-yielding gold
🔥 Key question: Can gold sustain the rebound, or will high yields trigger another sell-off?
Trade Here 👉 $XAU | $XAG | $PAXG
#EarningsSeason #USJobOpeningsFallToFiveMonthLow #GOLD #StreamerClub #Write2Earn
Gold recovered as traders reassessed the Fed’s rate path amid stubbornly high Treasury yields.
📈 Gold jumped up to 1.4% to $4,175.20/oz after Monday’s 4% plunge.
⚠️ But the pressure remains:
• US long-term Treasury yield hit its highest since 2002
• Elevated oil prices could keep inflation higher
• Higher yields increase the opportunity cost of holding non-yielding gold
🔥 Key question: Can gold sustain the rebound, or will high yields trigger another sell-off?
Trade Here 👉 $XAU | $XAG | $PAXG
#EarningsSeason #USJobOpeningsFallToFiveMonthLow #GOLD #StreamerClub #Write2Earn
