Gold now seems to have entered a bearish consolidation phase and was seen oscillating in a narrow trading range near 5-week lows, below 100-day SMA.

Gold prices dropped on Wednesday morning as the dollar was driven higher by the 10-year U.S. treasury yields that surged to a four-year high at 3%.

Gold prices fell to their lowest levels in two weeks on Monday as a stronger dollar and renewed risk appetite dampened demand for the precious metal. Gold futures for June delivery on the Comex division of the New York Mercantile Exchange were down $7.10

Расписание вебинаров на текущую неделю: