XAU/USD is in retreat mode after peaking at $1,970.15 a troy ounce, now approaching the $1,940 mark. The US Dollar started the day on the back foot as the market mood stabilized, allowing rival assets to appreciate. However, the American currency made a comeback early in the US session, helped by rising US government bond yields.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.