Gold Price Forecast: Gold Soars Towards Resistance at Multi-month High dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.
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 Forecast: Gold Bulls Fire- XAU/USD Major Breakout Awaits?
2021-05-16 00:00:00
Michael Boutros,
Strategist
Gold Technical Price Outlook: XAU/USD Weekly Trade Levels
Gold priceupdated technical trade levels - Weekly Chart
XAU/USD breakout surges into major technical resistance at 1850- constructive above 1764
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Gold prices surged more than 10.6% off the yearly low with the XAU/USD breakout within striking distance of key technical resistance. While the broader outlook remains constructive for the yellow metal, the immediate advance may be vulnerable here as price probes multi-month highs near uptrend extremes. We’re on the lookout for possible inflection up here with bulls vulnerable into 1850. These are the updated targets and invalidation levels that matter on the gold weekly charts. Review my latest Weekly 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 Forecast: XAU/USD at Breakout Levels- Gold Bulls Eye FOMC
2021-04-28 16:00:00
Michael Boutros,
Strategist
Gold Technical Price Outlook: XAU/USD Weekly Trade Levels
Gold priceupdated technical trade levels - Weekly Chart
XAU/USD rips into multi-month downtrend resistance- Bulls vulnerable into FOMC
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Gold prices surged more than 7.2% off the yearly low with the rally now probing confluence technical resistance heading into the Federal Reserve interest rate decision this afternoon. We’re on the lookout for possible inflection up here with bulls vulnerable into 1800. These are the updated targets and invalidation levels that matter on the gold weekly charts into the close of the month. Review my latest Weekly Strategy Webinar for an in-depth breakdown of this gold technical setup and more.