Macro strategy desks project mini gold futures could benefit from weaker USD trends, as DXY slipped 0.5% in recent sessions. This could provide tailwinds toward $2,420 resistance. In the Treasuries market, yields were steady in Asia. The benchmark U.S. 10-year Treasury yield was flat at 4.1561%, having risen 1 basis point overnight. Track forward-looking risk expectations on Gold with the CME Group Volatility Index (CVOL TM ), a robust measure of 30-day implied volatility derived from deeply liquid options on Gold futures. Price action in mini gold futures is reflecting a flight-to-quality move after recent equity volatility, with VIX holding above 17 and gold gaining relative strength.
