👎 GOLD crashes through the key support ❗

Bond yields continue their sharp rise as traders bet on a quick reflation scenario. One of the major victims is Gold – there is a strong negative correlation between yields and Gold prices as we were showing at the last weekly webinar. Gold prices were underpinned by $1765 level for a while but a surge in yields eventually was too much and now we can see prices moving towards the lower limit of a channel with still plenty of room and horizontal $1680 level along the way. Do notice how 50 and 75 LWMAs now work as a resistances – another sign of a possible trend reversal.

12 November 2026, 7:08 PM

Daily Summary: Oil Rebounds, EURUSD Falls Sharply 🗽 Wall Street Stabilizes After Nvidia Sell-Off

12 November 2026, 5:42 PM

Oil Gains Nearly 2% Despite a Sharp Rise in US Inventories 📈

12 November 2026, 3:17 PM

🚩 Gold loses almost 3%

12 November 2026, 12:33 PM

Market Wrap: Europe Breaks Records, Another Scandal at Nvidia

Commodities Technical analysis

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