XAUUSD

26 мая 2021 г.old price is building on Tuesday’s break higher, sitting at fresh four-month tops of $1908. The upbeat market mood undermines the sentiment around the greenback, exerting additional upside pressure on gold. Meanwhile, gold traders ignore a minor uptick in the Treasury yields, as they cheer a clear break above the key $1900 threshold. Gold price will continue to track the dynamics in yields and the dollar amid a quiet US docket. Fed speak will be closely followed. in th meantime lets catch the short selling apportuties