Gold futures are trading higher on Friday, putting the market in a position to post its second consecutive weekly close. The rally is being fueled by a steep drop in U.S. Treasury yields. This move is making the U.S. Dollar a less-desirable asset, which is driving up demand for dollar-denominated gold futures. At 18:40 GMT, April Comex gold is trading $1333.10, up $5.30 or +0.40%. The main trend is up according to the daily swing chart. A trade through $1349.80 will signal a resumption of the uptrend. The main trend will change to down on a trade through $1304.70. The short-term range is $1304.70 to $1349.80. Its ... (full story)