🟡 XAU/USD: Cautious bullish setup?
Gold is hovering near $4,154 after last week’s 3.4% drop. Softer US jobs data may ease pressure from rate expectations and support a rebound—but high bond yields remain a headwind.
The bull case needs follow-through. If yields stay elevated, this bounce could lose steam. What would convince you gold’s recovery is real?
#XAUUSD #Gold #Forex
Gold is hovering near $4,154 after last week’s 3.4% drop. Softer US jobs data may ease pressure from rate expectations and support a rebound—but high bond yields remain a headwind.
The bull case needs follow-through. If yields stay elevated, this bounce could lose steam. What would convince you gold’s recovery is real?
#XAUUSD #Gold #Forex