Fundamental Overview
The US Dollar Index (DXY) continues its four-day losing streak, hovering around 105.50. After peaking at 5.02%, the 10-year Treasury yield swiftly reversed course, dropping to 4.84% in the latest update. If US bond yields continue to decline, the US Dollar would be kept lower, which could provide support for Gold prices to reach the $2,000 mark.
Gold now buy 1964
Target 1970
Target 1974
Target 2003
SL 1949