AUS 10Y Yield Hits Six-Month High — Impact on XAUUSD 📉🪙
Australia’s 10-year bond yield, holding near 4.46% reflects the RBA’s cautious stance, with no rate cuts expected unless the labour market weakens. Sticky inflation is keeping policy tight.
Impact on XAUUSD:
Higher global yields raise the cost of holding gold, putting pressure on bullish momentum. XAUUSD may struggle to break key resistance levels.
Key Levels:
Support: 4050 / 4030
Resistance: 4100 / 4125
Stay alert — yield movements remain a major driver for gold.
#XAU/USD# #TriumphIntGold# #bonds# #USeconomy# #RBA# #forexmarket# #forextrading# #Commodities# #NewTraders#
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