Key takeaways Gold (XAU/USD) has broken below its 200-day moving average for the first time in three months, increasing the risk of a fresh bearish impulsive decline within its broader medium-term downtrend. Rising US Treasury real yields continue to pressure gold prices, with the 10-year real yield staging a major bullish breakout toward multi-month highs, […]
The post Chart Alert: Gold (XAU/USD) Bearish Breakdown Below 200-Day MA, Further Potential Weakness Ahead appeared first on ActionForex.
