XAU/USD Outlook: Gold Extends Steep Ascend And Pressures $1900 Barrier

<p>Spot gold extends steep ascend into sixth straight day and posted new highest since Sep 2011 ($1888) on Thursday. Global concerns about post-pandemic recovery that prompted investors into safety, were boosted by rising political tensions between the US and China. Also, the dollar continues to trend lower and inflates gold bulls. The yellow metal was [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/313331-xau-usd-outlook-gold-extends-steep-ascend-and-pressures-1900-barrier/">XAU/USD Outlook: Gold Extends Steep Ascend And Pressures $1900 Barrier</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>