The gold price slide continues today as markets assess the consequences of a rising US Dollar and Treasury yields. China’s outlook is under the microscope and could impact XAU/USD.

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The Japanese Yen has weakened on a combination of domestic and global factors, to the point where the BoJ has intervened in the past

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US stocks edge higher despite a number of headwinds: higher 10-year yields, US dollar and news of Tesla’s discounted offering in China seeing the stock gap lower

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The Pound heads into the new week having seen consolidation for the majority of August. Inflation and employment data lie ahead and could give the GBP a directional nudge.

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Gold is struggling to hold a zone of support and if this is broken the precious metal could see further short-term losses

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