🚨 GOLD UNDER PRESSURE!
Gold took a sharp hit today after hotter-than-expected U.S. inflation data strengthened the dollar and pushed Treasury yields higher.
Stronger dollar
Higher yields
More hawkish Fed expectations
A reminder that macro news can move markets fast.
#xauusd
Great projects are built by great communities. 💜
It's not just about the technology, it's about the people, the connections, and the vision behind it.
Glad to be part of the journey with @Elyon_Chain.
More building, more connecting, more growing. 🚀🤝
#ElyonChain#Web3