Short-dated US bond yields can’t make their mind up if they are going lower or not, and this is leaving gold traders at risk of increased volatility.
Gold traded all the way back down to $2,000/oz. on Friday after the latest US Jobs Report but bounced back quickly and is eyeing notable resistance around $2,050/oz.
Trading the gold markets differs from trading currencies and a more depth analysis is required in order to make an accurate gold forecast. in the market.