U.S. Dollar Pullback
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Gold (XAUUSD), Silver, Platinum Forecasts – Gold Soars As U.S. Bond Markets Rally
FX Empire· 2026-08-20 02:01
The decision highlights the bullish thesis for gold: U.S. Treasury has a serious problem and is trying to provide support to the right end of the curve.U.S. dollar found itself under strong pressure against a broad basket of currencies after the announcement. U.S. dollar’s strong pullback provided additional support to gold markets in today’s trading session.Currently, gold is trying to settle above the resistance level at $4480 – $4500. In case gold manages to settle above the psychologically important $45 ...