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🚨 Gold (XAU/USDT) Update: 4,497.5 (+0.07%)
Fundamentals:
Treasury yields hitting 19-year highs are creating volatility in safe-haven assets.
Gold remains a hedge against rising rates and inflation uncertainty.
Investors are closely watching macroeconomic data and US monetary policy.
Technicals:
Price recently dropped from 4,777 → 4,497
Key support: 4,460–4,500
Resistance: 4,550–4,600
Short-term trend: Bearish pressure with potential rebound if support holds
7D -4.29%, 30D -6.51%, 90D -9.64% → medium-term correction, long-term bullish outlook
⚡ Trade Insight: Support zone critical bounce likely if macro tailwinds return, else further downside.
#USTreasuryHits19YrHigh $XAU

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