Gold Price Forecast: Double Bottom Breakout Faces First Test
Gold Price Forecast: Double Bottom Breakout Faces First Test - Levels for XAU/USD Advertisement Gold Price Outlook: Gold prices have turned lower after running into the early-February swing low, setting up a potential pullback to a key threshold in the recent bullish double bottom breakout attempt. Failure below the trifecta of key technical levels would suggest a false bullish breakout has developed, setting up a potential return to the yearly lows. According to the IG Client Sentiment Index, gold prices have a mixed bias in the near-term. Gold Prices Stumble to Start Week Gold prices entere...
Source: dailyfx.com