Gold (XAU/USD) Rallies 3%, Eyes Acceptance Above $4600/oz Handle for Bullish Momentum to Continue

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Gold (XAU/USD) prices have broken above the key $4,600/oz psychological barrier. Middle East tensions are escalating as diplomacy stalls and the US continues a military buildup, fueling market uncertainty. The rare negative correlation between Crude and Gold appears to be shifting, with rising Oil prices potentially benefiting Gold by compressing real interest rates and bringing […]The post Gold (XAU/USD) Rallies 3%, Eyes Acceptance Above $4600/oz Handle for Bullish Momentum to Continue appeared first on ActionForex.