Gold probed above $2400 level for the second time, inflated by increased safe-haven demand following Israel’s attack on Iran early Friday. Although the spike above $2400 (the metal’s price reached $2417) was so far short-lived, near-term focus remains at the upside, as fears of further escalation in the region will continue to fuel demand. Technical […]

The post XAU/USD: Gold Spikes Above $2,400 Again as Deteriorating Geopolitical Situation Boosts Demand appeared first on Action Forex.