Gold Price Forecast: Rising Rates Put $4,000 Support at Risk - FXEmpire

AI desk brief

Gold is under pressure as U.S. rates keep climbing and the bond selloff is pushing real yields higher, with the author arguing this is keeping gold aligned with the bond market. The chart view turns negative near term, with a break of trendline support seen opening a path toward the psychologically important $4,000 level.

The piece remains structurally bullish longer term, but says that before gold can reassert an uptrend, traders need clearer resolution in the Middle East and less inflation/rate pressure from government spending and a hawkish Fed.