{"id":439733,"date":"2026-10-09T11:33:16","date_gmt":"2026-10-09T04:33:16","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/chart-of-the-day-gold-price-rebounds-as-treasury-yields-retreat-but-4200-remains-a-hurdle-439733\/"},"modified":"2026-10-09T11:33:16","modified_gmt":"2026-10-09T04:33:16","slug":"chart-of-the-day-gold-price-rebounds-as-treasury-yields-retreat-but-4200-remains-a-hurdle","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/chart-of-the-day-gold-price-rebounds-as-treasury-yields-retreat-but-4200-remains-a-hurdle-439733\/","title":{"rendered":"Chart of the day: Gold price rebounds as Treasury yields retreat but $4,200 remains a hurdle"},"content":{"rendered":"
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Gold is finally catching a bit of a break after much pushing and pulling in the past week, with the precious metal finding some respite as Treasury yields retreat from their recent highs.<\/p>\n

The bounce started from overnight trading before gaining further momentum today, with price now pushing back up towards $4,180. The latest pullback in Treasury yields is helping to ease some of the pressure on gold,\u00a0especially after the relentless surge in yields in earlier in the week. 10-year Treasury yields have retreated to 5.23%, down from multi-decade highs around 5.36%, providing some breathing room for the non-yielding precious metal.<\/p>\n

From a technical perspective, there are some encouraging signs for buyers.<\/p>\n

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Looking at the hourly chart,\u00a0gold has managed to push back above both its 100-hour (red) and 200-hour (blue) moving averages. This comes after weeks of struggle to break either of the key levels, marking a notable improvement in the near-term outlook.<\/p>\n

While there looks to be a plausible break higher to come up for air in the chart above, let’s not get too carried away.<\/p>\n

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The daily chart continues to underscore the narrative that $4,200 remains a big obstacle for gold, with price action struggling just below that in the past week.<\/p>\n

Sure, there might be a short-term base forming closer to $4,110 and also supported by the 78.6 Fib retracement level at around $4,117. However, the broader trend continues to suggest that gold price is still largely lacking any real upside momentum. That especially since we’re seeing price not only hold below $4,200 for now but also below its 100-day moving average (red line) at around $4,259.<\/p>\n

For now,\u00a0the latest bounce is encouraging but hardly enough to suggest that buyers have wrestled back control.<\/p>\n

As we look to the final stretch of the week,\u00a0the near-term picture is looking more constructive at the very least. And that will be helped further if Treasury yields do ease a bit more before the weekend. But unless gold can reclaim $4,200 and producer a sterner test of $4,259,\u00a0sellers will still have good reason to view any upside as a corrective bounce rather than a meaningful turnaround.<\/p>\n

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This article was written by Justin Low at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Gold is finally catching a bit of a break after much pushing and pulling in the past week, with the precious metal finding some respite as Treasury yields retreat from their recent…<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-439733","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/439733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=439733"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/439733\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=439733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=439733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=439733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}