Gold and Silver Cling to Support as Yields Test 2007 Highs

The gold and silver outlook hinges on bond yields, as both metals cling to uptrend support while U.S. 10-year Treasury yields test their 2007 highs. Razan Hilal, CMT, StoneX Media Market Analyst, walks through the gold and silver charts and the support zones that define each metal's uptrend. Rising U.S. Treasury yields, a U.S. dollar index near yearly highs and climbing rate hike expectations are pressuring precious metals. Fibonacci retracements of the July to September advance map where each uptrend holds or gives way, while gold's daily momentum slips below neutral. 0:00 Gold and Silver at the Brink 0:45 Gold's July Uptrend Under Test 1:23 10-Year Yields Test 2007 Highs 2:06 Gold Support Meets Fibonacci 4:40 Silver Mirrors the Gold Setup 7:19 Risk-On Hinges on Bond Yields Discover Actionable Insights with the latest Market Outlook Reports: https://intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_razan_hilal&utm_content=share Like and subscribe for more financial market insights. #Gold #Silver #StoneX #RazanHilal