Gold Price Forecast: XAU/USD at fresh record highs, aims for $3,730 and $3,760

Gold bounced up from the $3,630 area on Friday and is extending gains on Monday, supported by a cautious market mood and hopes of further Fed easing. The precious metal is trading at $3,720, with the following potential targets at $3,730 and $3,760.The fundamental backdrop remains supportive.

Source: fxstreet.com (Read Full Article)