Gold ($XAU ) continues its downward move at the start of the week, dropping to fresh two-month lows below $4,350.
The US Dollar is strengthening alongside rising Treasury yields, driven by geopolitical tensions in the Middle East, which are fueling inflation concerns and expectations of potential rate hikes.
My approach: I’m watching for short-term buy scalp opportunities during this dip.
Gold trading is now available on Binance.
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