US yields rise again after better US data- Gold reverses earlier upside breakout

There have been many reactions across the markets to the much better than expected ISM and JOLTS jobs openings and that has seen the dollar benefit, as just noted in the previous update. The EUR/USD has slumped to a new low on the day underneath 1.0376 and Gold has also taken this news on the chin. The metal has now reversed the earlier breakout move above its 50 day moving average. That saw gold rise to $2,664.38. The impact of this news has sent it back to just below $2,645 a moment ago. The prospect of it reversing a break, which it has now done was raised here earlier this afternoon, given its track record with opposing price action below its 100 day moving average recently. Gold is trading right now at $2,643.60 as US yields hit session highs