Five Year Treasury Yield

Gold settled at $4,324.40 after a sharp two-session slide, pressured by a stronger dollar, higher oil, and a jump in Treasury yields. Technical traders are watching whether the latest close confirms a break of the declining neckline or keeps the metal within a contested support zone.

Gold settled at $4,324.40 after a sharp two-session drop, with surging Treasury yields and a broad dollar rally tightening pressure on precious metals. Technical traders are watching whether the latest close marks a hold at the neckline or a deeper break through it.