XAUUSDGold (XAU/USD)
4,551.60
-0.09%
SUPPORT:4475.394383.94
RESISTANCE:4627.814719.26
Past
What happened
Gold slipped to $4,551, a six-week low, as soaring real yields (10Y TIPS up with nominals) crushed the no-yield hedge — even with Middle East tensions still simmering.
Why
Why it matters
The classic gold playbook breaks when the Fed is repricing toward HIKES, not cuts. Real yields are now the dominant input and they're moving against bullion until inflation prints turn definitively higher.
Watch
What to watch
$4,500 round-number support is the line; below that, the 100DMA at $4,420 is in play. A reversal above $4,620 reopens the $4,700 retest. April CPI Thursday is the inflection.
HEADLINES