The rise in real yields is a concern for gold and one which makes  hard to get bullish on the precious metal. Now admittedly, lower gold prices has not initially been the case given the failed test at 2000. With gold below 1915, this now represents resistance, while key support is situated at 1880. Until 1880 is broken, technically, gold is neutral. 

XAUUSD D1 04 26 2022 1650

 

 

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