"Gold Prices Surge as AUD/USD Attempts Bullish Breakout, Defying Technical Resistance"

Gold prices are climbing and challenging technical resistance due to falling US yields and a weaker US dollar. XAU/USD has risen over 8% since October, surpassing its 200-day moving average and the $2,000 level. To confirm further upward momentum, a clear move above the $2,010/$2,015 resistance zone is needed. A breakout could lead to a rally towards $2,060 and $2,085. On the downside, support levels are at $1,980 to $1,975, with a potential retreat towards the 200-day moving average at $1,950. Meanwhile, AUD/USD has broken above its 200-day moving average and is close to overcoming resistance at 0.6600-0.6620. A move above this level could push prices towards trendline resistance at 0.6670 and 0.6815. On the downside, support is at 0.6525, with further losses possible towards the 100-day moving average at 0.6460.