Story preview
Topics in this story
Continue reading on the publisher site for the full article.
Read on publisher →Discovery Alert
News Atlas is free and independent. If it’s useful to you, you can support it with a coffee. ☕ Buy me a coffee
Coverage
Tone
Outlets covering it
10
in the last 3 days
First reported
43 hr. ago
9 outlets since
Countries
9 other outlets reported this story in the last 3 days.
Gold price (XAU/USD) trades on a flat note near $4,140 during the early Asian session on Tuesday. Pressure from a stronger US Dollar (USD) and elevated US Treasury yields was offset by reduced expectations of a Federal Reserve (Fed) rate hike this month.
Gold and silver rebound, but high Treasury yields keep the recovery fragile as traders watch Middle East developments and key support levels.
TradingKey - In August, gold (XAUUSD) prices continued to rebound from near $4,000, briefly approaching $4,700. As the key resistance level at $4,500 was broken, technical indicators show that upside space toward $4,900 has opened up, with gold expected to return to a bull market and bring renewed investor focus to…