• XAU/USD down 1.3% Monday as longer-dated US yields surge to multi-year highs

• US 30-year yield hit fresh 22-yr high, 10-yr reached 18-year high on Friday

• Boosted by upbeat economic data, inflation concerns, Fed rate expectations

• Higher oil weighs; US crude +1.3% in Asia as Trump rejects Iran peace plan

• Support at $4230, 61.8% of June-August gives way as gold falls to 7-week low

• Support 4200 and 4170; resistance 4260-4270, 4300

• Friday range 4254-4316, Asia 4214-4278
XAU:

(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)