Live Gold Silver Analysis For Today By Neal Bhai [03-12-2021]

Gold lifetime high - Gold lifetime Low

Gold struggles to capitalize on weak NFP data, holds near $1,770

Live Gold Silver Analysis: Gold spiked to a daily high near $1,780 with the initial market reaction to the disappointing Nonfarm Payrolls data from the US but seems to be having a difficult time preserving its bullish momentum with the 10-year US T-bond yield staying resilient.

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Gold Price Forecast: Below $1790 Downside For Gold as Key Support

Gold Price Forecast: Gold price fell for the second straight day on Monday, starting out a fresh week on the wrong footing while extending the previous week’s broad decline. After reattempting the $1800 mark in the first half of the day, gold price came under fresh selling pressure and fell back to test the key $1,790 support zone.

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