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Gold Price Outlook: Gold Breakdown Plunges into Downtrend Support

Gold Price Outlook: Gold Recovery First Test at Trend Resistance

Gold Price Outlook: Gold Breakout Rejected – XAU/USD Bulls Beware

Gold Price Outlook: Gold Breakout Rejected – XAU/USD Bulls Beware 2021-01-08 15:00:00 Michael Boutros, Strategist Gold Technical Price Outlook: XAU/USD Near-term Trade Levels Gold price updated technical trade levels – Daily & Intraday Charts XAU/USD marks false breakout at key resistance – threat for larger pullback sub-1920 Advertisement Gold prices are poised to close lower this week despite a rally of more than 3.2% into 2021 open with XAU/USD falling 0.8% to trade at 1887 in early New York trade on Friday. A dismal Non-Farm Payroll release offered little support with gold sliding to fresh weekly lows ahead of the US open and the threat remains for further losses in the days ahead. These are the updated targets and invalidation levels that matter on the XAU/USD technical charts heading into the close of the week. Review my latest Strategy Webinar for an in-depth breakdown of t

Gold Price Outlook: Gold Rally Runs into First Test of Resistance

Gold Price Outlook: Gold Rally Runs into First Test of Resistance 2020-12-18 17:03:00 Michael Boutros, Strategist Gold Technical Price Outlook: XAU/USD Near-term Trade Levels Gold price updated technical trade levels – Daily & Intraday Charts XAU/USD recovery approaching first resistance test – looking for inflection off 1884/88 Advertisement Gold prices rallied more than 2.3% this week XAU/USD marking a third consecutive weekly advance. A reversal off technical downtrend support is now approaching the first major test of downtrend resistance – we’re on the lookout for price inflection in the days ahead with the immediate rally vulnerable into these upcoming levels. These are the updated targets and invalidation levels that matter on the XAU/USD technical charts heading into the close of the week. Review my latest Strategy Webinar for an in-depth breakdown of this gold technical se

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