May 6, 2021 16:21 GMTFXStreet News Gold has broken above the $1,800 mark, hitting the highest levels since February. The Confluence Detector is showing that XAU/USD has very few barriers through $1,850. Update: Gold Price Analysis: XAU/USD bulls eye $1,850 after surging above $1,800 – Confluence Detector It has finally happened – Gold has staged a convincing break above the $1,800, hitting a high of $1,813.63 at the time of writing. Falling US Treasury yields have prompted investors to buy gold, and cascading stop-losses have also been attributed to the upswing in the price of the precious metal. How is gold positioned on the technical charts? Examining clusters of support and resistance lines can help provide answers.