Breaking: Gold Price Forecast: XAU/USD rallies to over one-year peak, further beyond $2,000 mark

Gold price attracts fresh buying following an early slide to the $1,968 area on Monday and climbs to over a one-year top, beyond the $2.000 psychological mark during the early part of the European session. The strong intraday move-up validates Friday's breakout through the previous YTD peak, around the $1,958 zone, and supports prospects for an extension of the recent upward trajectory witnessed over the past two weeks or so.