Gold looks to seal a technical break higher in trading today ...Middle East

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Gold looks to seal a technical break higher in trading today
Gold (XAU/USD) daily chartThis is a chart that is acting up as a bit of a surprise today. The overall market mood is quieter but gold is surreptitiously angling for a technical break higher in a push above the $2,000 mark. The precious metal is now trading to $2,012 and that is the highest level since May, as buyers go hunting.We have seen the retreat in bond yields since the turn of the month but in the case of gold, it is also building from continued momentum since October (bouncing off its 200-week moving average at the time) and more recently a test of its 200-day moving average (blue line).The dollar's weakness in general has also been a key tailwind for gold's latest rise and consideri

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