Gold prices are contracting within the June opening range, just below critical resistance. These are the levels that matter on the XAU/USD technical charts.
Gold Price Outlook: Gold Surges as Crypto Crumblesâ XAU/USD Breakout Levels
2021-05-19 15:45:00
Michael Boutros,
Strategist
Gold Technical Price Outlook: XAU/USD Near-term Trade Levels
Gold price, Bitcoin updated technical trade levels – Daily & Intraday Charts
XAU/USD carving weekly opening-range below technical resistance at 1876
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Gold prices surged more than 12.6% off the March / yearly low with XAU/USD probing confluent uptrend resistance today. At the same time, a collapse in cryptocurrencies has fueled a wave of selling with Bitcoin in free fall in early US trade. The weekly opening-range is set in gold and we’re looking for a breakout for guidance with the broader focus higher while above the weekly open. These are the updated targets and invalidation levels that matter on the XAU/USD and BTC/USD technical charts. Review my latest Strategy Webinar for an in-depth breakdown of this gold technical setup and more.
Gold Price Outlook: Gold Breakout Imminent â XAU/USD Levels for NFP
2021-05-05 18:30:00
Michael Boutros,
Strategist
Gold Technical Price Outlook: XAU/USD Near-term Trade Levels
Gold price updated technical trade levels – Daily & Intraday Charts
XAU/USD trading within multi-week range below key resistance heading into NFPs
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Gold prices rallied more than 1% into the start of the month and while the broader outlook remains constructive, the immediate rally may be vulnerable as the focus shifts to a multi-week range as we head into major US event risk tomorrow. These are the updated targets and invalidation levels that matter on the XAU/USD technical charts heading into Non-Farm Payrolls. Review my latest Strategy Webinar for an in-depth breakdown of this gold technical setup and more.
Gold Price Outlook: Gold Breakout Stalls at Trend Resistance
2021-04-20 15:30:00
Michael Boutros,
Strategist
Gold Technical Price Outlook: XAU/USD Near-term Trade Levels
Gold price updated technical trade levels – Daily & Intraday Charts
XAU/USD breakout testing confluent trend resistance into 1785- constructive above 1720
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Gold prices have surged more than 6.2% off the March lows with a breakout in XAU/USD now probing more confluent uptrend resistance. While the broader outlook remains constructive, the immediate advance may be vulnerable in the days ahead as the bulls risk near-term price exhaustion. These are the updated targets and invalidation levels that matter on the XAU/USD technical charts heading into the April opening-range. Review my latest Strategy Webinar for an in-depth breakdown of this gold technical setup and more.
Gold Price Outlook: Gold Surges into April- XAU/USD Risks Breakout 2021-04-06 19:00:00 Michael Boutros, Strategist
Gold Technical Price Outlook: XAU/USD Near-term Trade Levels
Gold price updated technical trade levels – Daily & Intraday Charts
XAU/USD threatens breakout into the April open- Bearish invalidation 1785, key support 1707 Advertisement
Gold prices have surged nearly 4% off the March lows with XAU/USD threatening a major breakout in early April trade. While the immediate focus is on this recovery, the advance may be vulnerable into uptrend resistance just higher and we’re on the lookout for possible exhaustion on this stretch. These are the updated targets and invalidation levels that matter on the XAU/USD technical charts heading into the April opening-range. Review my latest Strategy Webinar for an in-depth breakdown of this gold technical setup and more.