Acceleration through key $3700 resistance zone pushed gold price to new record high on Monday (price was up 1.1% since opening). Shallow pullback from previous peak did not harm larger bulls and was just positioning for fresh push higher, as it reversed well above $3600 lower breakpoint. Revived optimism of more Fed rate cuts (despite […]The post XAU/USD: Gold at New Record Highs Above $3,700 appeared first on Action Forex.