Gold: Potential Bullish Breakout from 6-Week Range

<p><img width="612" height="355" src="https://www.actionforex.com/wp-content/uploads/2020/04/f-gold61.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2020/04/f-gold61.jpg 612w, https://www.actionforex.com/wp-content/uploads/2020/04/f-gold61-600×348.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Positive price actions in Gold (XAU/USD) as it reintegrated back above its 20-day moving average. A continuation of the medium-term bearish trend on the US 10-year Treasury real yield below 1.82% key resistance may add further bullish impetus for Gold. A rise in geopolitical risk premium may also support a firmer Gold. Watch the US$2,015 [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/535272-gold-potential-bullish-breakout-from-6-week-range/">Gold: Potential Bullish Breakout from 6-Week Range</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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