Gold Price Analysis: Nears descending triangle resistance

Having jumped 0.89% on Monday, gold is now closing on the upper end of the four-week-long descending triangle pattern seen on the daily chart, A close
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China-US bond yield spread hits 18-year high, supports CNY strength

The spread between the Chinese and US 10-year government bond yield rose to 249 basis points on Monday. That's the highest level since at least 2012.
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