Fundamental OverviewGold has been on a sustained rally ever since the last Fed’s decision as real yields fell further due to inflation expectations rising faster than nominal yields. More recently, real yields pulled back a bit, while gold continued to print new highs. The new driver could be China as this week they started to implement strong easing measures.Overall, there hasn’t been any bearish catalyst since the last FOMC decision, so the bullish momentum remained intact. Watch out for strong US data next week though as it could trigger a correction. Gold Technical Analysis – Daily TimeframeOn the daily chart, we can see that gold extended the gains into new highs. From a risk managemen
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