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 key short-term support on Gold (XAU/USD).
14-01-2024 23:55 GMT
by Kelvin Wong