🚨 Gold Just Hit a New 2026 Low! 📉
$XAU faced heavy selling pressure as strong US economic data boosted the dollar and Treasury yields.
💰 Higher yields make non-yielding assets like gold less attractive, pushing prices lower across the precious metals market.
⚠️ Despite ongoing geopolitical tensions, safe-haven demand wasn't strong enough to support the metal.
👀 Key levels to watch: 🔹 Support: $4,300–$4,280 🔹 Resistance: $4,400–$4,450
The next major move could depend on upcoming US inflation data and the direction of the dollar index. #GOLD #XAUUSD #Markets