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🥇 Gold Is Strong. But The Bond Market Has Not Surrendered.
Weak US employment data helped gold hold above $4,300.
But the 10-year Treasury yield is moving back toward 4.7%. 📊
That creates a clear tension:
✅ A weaker labour market supports gold.
⚠️ Higher yields increase the cost of holding it.
Gold’s next move may depend less on another headline—and more on how the bond market reacts to Wednesday’s CPI.
Gold is strong. It is not invincible.
黄金很强，但它并非不会回调。
#xauusd #trading #gold $BTC $XAUT
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