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Gold Price Analysis: XAU/USD seems poised to climb back to $1900 mark

Gold Price Analysis: XAU/USD seems poised to climb back to $1900 mark

Gold attracted some dip-buying near two-week-old ascending trend-line amid weaker USD. Bullish technical set-up supports prospects for a move back towards the $1900 round-figure. Gold stalled overnight rejection slide from the $1900 mark and managed to attract some buying near a support marked by two-week-old ascending trend-line. The uptick was exclusively sponsored by renewed US dollar selling, which tends to benefit dollar-denominated commodity. Meanwhile,...

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US USD XAU