Gold Price Forecast: Will XAU/USD sustain the break above $2,300?

Gold Price Forecast: Will XAU/USD sustain the break above $2,300?

- Gold price hits a new record high above $2,300 in Asian trading on Thursday. - Revival of June Fed rate cut expectations smashed the US Dollar and the US Treasury bond yields on Wednesday. - Highly overbought RSI conditions continue to warrant caution for Gold buyers. - More Fedspeak and US employment data are next in focus for fresh trading impetus. Gold price is flirting with $2,300 after refreshing a lifetime high at $2,305 earlier this Thursday. Persistent US …