Yellow Metal is getting Rich- Gold

Dollar is getting weak and Gold is moving up.

Dollar weakness gives a boost to the precious metal sector, so is what happening here in gold prices.

Looking at the XAU/USD chart Its already very clear that gold precious had given a perfect break-out and any upper side did not surprise us.

After the trendline break out it took support and then again bounced back.

Since price is already moved to however this yellow metal has great potential in long run to go up specially keeping in mind when within a very short time we see some bad

global news.