- The dollar rises across the market on Friday.
- XAUUSD accelerates to the downside and tests $1,750.
- A combination of risk aversion and elevated yields makes the price look vulnerable to the downside.
The IS óro falling again on Friday and a three-week high at $1749, with the impact of the stronger dollar background across the market. Gold is on track to end the week sharply lower, shedding four consecutive gains. The rate, currently, is $50.
The dollar is better in every aspect. DXY trades at 107.89, at a one-month high, representing a gain of 0.35%. The US 10-year bond yields 2.93% and the 30-year bond yields 3.17%. Wall Street futures show a negative opening with losses of 0.80% on average.
The yellow metal has been testing the $1750 zone, and it looks like it will bear down. Next support HAUUSD it can be seen for $1745, and the next one in the area is $1730. In the opposite direction, now $1,770.
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