Gold is lower as yields move higher, the dollar moves higher. What about the technicals?

<p>The price of gold has moved lower today and in the process is trading at its lowest level since mid-December. The higher US rates and higher dollar are helping to trigger sales. The next target comes against the $2000 level. Below that mark the 100 and 200-day moving averages at $1972 and $1964. On the topside close resistance comes in at $2016.87.</p><p>The video above outlines the technical levels and explains the bias, risks and targets.</p>

This article was written by Greg Michalowski at www.forexlive.com.