Non-yielding Assets
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Gold Price Forecast – Gold Pulls Back from $4,500 Barrier as Yields Rise
FX Empire· 2026-08-18 21:48
The pullback is probably not a huge surprise considering that interest rates in America are rising during the session again, which can hurt non-yielding assets such as gold and silver. Ultimately, the 50-day EMA is reaching towards the 200-day EMA, trying to cross over and kick off the so-called golden cross. That might be something worth watching.Geopolitical Deadlock and Rate HeadwindsBut this is a market that, unfortunately, is held hostage by the same thing most markets are: the Middle East. The nonsens ...