Gold ($XAU ) continues its downward move at the start of the week, dropping to fresh two-month lows below $4,350.
The US Dollar is strengthening alongside rising Treasury yields, driven by geopolitical tensions in the Middle East, which are fueling inflation concerns and expectations of potential rate hikes.
My approach: I’m watching for short-term buy scalp opportunities during this dip.
Gold trading is now available on Binance.
#xau
The US Dollar is strengthening alongside rising Treasury yields, driven by geopolitical tensions in the Middle East, which are fueling inflation concerns and expectations of potential rate hikes.
My approach: I’m watching for short-term buy scalp opportunities during this dip.
Gold trading is now available on Binance.
#xau