News of geopolitical instability still exists

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold prices continued to increase in the early trading sessions of the week thanks to escalating tensions in the war in the Middle East.
Gold experienced a steady rise near the weekend thanks to geopolitical tensions and weakness in the US dollar. The coordinated attack between the US and UK on the Houthi rebels in Yemen in recent days has made the market concerned that the war situation may gradually get worse.

In addition, US government bond yields have also decreased slightly in the past month as the market continues to expect the Fed to cut interest rates in the near future.
BUY XAUUSD 2048 - 2045
TP1 2050
TP2 2060

SL 2040

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