XAUUSD | Technical Analysis
- U.S. Treasury yields were little changed to slightly lower in choppy trading on Monday, recovering a bit from sharper falls in the Asian session and tracking shifts in risk appetite, with investors cautious as well ahead of the Federal Reserves monetary policy meeting this week.
- The yield curve, which can be a gauge of risk sentiment, was little changed at 107.40 basis points, as measured by the spread between 2-year and 10-year yields
- Gold edged lower on Monday as investors turned cautious in the run-up to a Federal Reserve policy meeting, overshadowing some support from a weaker dollar.
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