Chart Alert: Gold (XAU/USD) Corrective Rebound Extends Further Above $5,046 Key Support

Wait 5 sec.

Key takeaways Corrective rebound gaining traction: Gold has broken above $5,170 and extended its bounce from the $4,402 low, with price action evolving within a minor ascending channel and maintaining a bullish bias above $5,046 support. Falling real yields supportive: The US 10-year real yield has declined sharply from 1.98% to 1.72%, reducing the opportunity […]The post Chart Alert: Gold (XAU/USD) Corrective Rebound Extends Further Above $5,046 Key Support appeared first on ActionForex.