Higher US 10-year Treasury real yield and rising geopolitical risk premium have created a floor and cap for Gold (XAU/USD) at US$2,000 and US$2,040 respectively. Historical volatility of Gold (XAU/USD) has slipped to a 4-month low, increasing the odds of an impending volatility breakout scenario. The direction of the volatility breakout is likely to be […]
The post Gold: Pivotal Week After Being Sandwiched by Opposing Factors appeared first on Action Forex.
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