Gold prices slipped as US dollar, yields gain

By X-blogger - on June 26, 2024

Gold prices slipped, hurt by an uptick in the dollar and Treasury yields as investors awaited U.S. inflation data due later this week that could provide cues on the timing of interest rate cuts by the Federal Reserve this year.

The Gold-Dollar pair fell 0.4% in the last session. The MACD is giving a positive signal.
The last session saw XAU fall 0.4% against USD.
The MACD is currently in positive territory.
Support: 2310.7927 | Resistance: 2346.0827

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