Chat with us, powered by LiveChatGold Correction Following Strong Dollar and Rising Yields

Gold Correction Following Strong Dollar and Rising Yields

Gold Correction Following Strong Dollar and Rising Yields

Gold Correction Following Strong Dollar and Rising Yields


Gold is currently influenced by the strength of the dollar and rising treasury yields, undergoing a correction from its recent level of 2056. While this correction may be temporary, the next support level is expected to be 2036, signaling a potential stabilization point for the precious metal.

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

2140

2090

2070

2036

2006

1979

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