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Gold Price Outlook: Gold Breakout Stalls at Trend Resistance

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 Advertisement 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

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.

Gold Price Forecast: Gold Plunge Halted at Support- Bulls Face FOMC

Gold Price Forecast: Gold Plunge Halted at Support- Bulls Face FOMC 2021-03-11 17:07:00 Michael Boutros, Strategist Gold Technical Price Outlook: XAU/USD Weekly Trade Levels Gold priceupdated technical trade levels - Weekly Chart XAU/USD recovery off technical support remains vulnerable while below 1767 Advertisement Gold prices are up nearly 1% this week XAU/USD attempting to snap a three-week losing streak after rebounding from technical support. The recovery may be short-lived however with the broader risk still weighted to the downside heading into FOMC next week. 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.

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