Gold Price Forecast: XAU/USD to hold comfortably above a technically significant $1,800 mark

Gold remains on the defensive for the second successive session on Tuesday as XAU/USD’s post-NFP move-up has faltered near the $1,832-34 hurdle.

“The recent strong rebound from multi-month lows faltered near the $1,832-34 strong resistance zone.

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EUR/USD is falling back towards 1.1850, as the US dollar moves higher in tandem with the Treasury yields amid a better mood.

Cryptocurrency investment products witnessed an inflow of $98 million last week, marking the third consecutive week, indicating that investor sentiment has continued to be positive.

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