Gold prices (XAU/USD) have gained over 5% in the past two weeks after setting a 6-week low near the $1,670 mark on June 05. The buyers have now successfully broken above the ascending triangle’s resistance just below the $1,750 handle to pave the way for more significant gains in the coming days. Fundamental analysis: Banks bullish on gold, COVID-19 infections on the rise Bank analysts have been long bullish on gold prices, arguing that the low real interest rates and currency debasement concerns will open the door to higher gold prices. Moreover, the latest surge in COVID-19 infection cases has

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