Gold just followed Japan’s 10-year bond yield almost exactly.

When bond yields hit the top, Gold quickly turned down and started falling.

Higher bond yields = stronger returns in bonds → less interest in Gold.

Once yields cooled, sellers stepped into Gold fast.

$XAU

XAU
XAUUSDT
5,022.91
+0.69%

$RPL

RPL
RPLUSDT
2.509
+7.91%

$ORCA

ORCA
ORCAUSDT
1.131
-14.57%

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