US Federal Reserve (FED) Chairman Jerome Powell and expect US employment data to be released later this week for further signals on US interest rate cuts.
Yields on 10-year Treasury notes hit a one-month high and remained high, making non-yielding bullion less attractive.
The market remains very sensitive to any discussion about interest rates or anything related to FED policy. So I think the market is still in the wait-and-see phase."
Yields on 10-year Treasury notes hit a one-month high and remained high, making non-yielding bullion less attractive.
The market remains very sensitive to any discussion about interest rates or anything related to FED policy. So I think the market is still in the wait-and-see phase."
Nota
SELL XAU 2351TP1: 2345
TP2: 2340
SL: 2359
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