Gold Price Outlook: Gold Weekly Reversal- Bear Market Rally or More? 2021-01-22 20:00:00 Michael Boutros, Strategist
Gold Technical Price Outlook: XAU/USD Weekly Trade Levels
Gold priceupdated technical trade levels - Weekly Chart
XAU/USD snaps two-week losing streak – recovery vulnerable sub 1909 Advertisement
Gold prices are poised to snap a two-week losing streak with XAU/USD up more than 1.3% to trade at 1856 in early US trade on Friday. An outside weekly-reversal marks the second occurrence in just three weeks and while this development would typically be considered constructive, the rebound keeps price within the broader August decline and the focus is on a break of this week’s range for guidance. These are the updated targets and invalidation levels that matter on the gold weekly charts heading into the close of the month. Review my latest Weekly Strategy Webinar for an in-depth
Gold Price Forecast: Gold Bulls Bid Ahead of FOMC- XAU/USD Levels 2020-12-15 18:00:00 Michael Boutros, Strategist
Gold Technical Price Outlook: XAU/USD Weekly Trade Levels
Gold priceupdated technical trade levels - Weekly Chart
XAU/USD recovery off confluence support in focus– bearish invalidation steady at 1909 Advertisement
Gold prices rallied more than 3.8% since the start of December with XAU/USD rebounding off technical support early in the month. The recovery has stalled below the first lateral resistance and while the broader focus remains constructive, the risk remains for a deeper setback while below near-term downtrend resistance. These are the updated targets and invalidation levels that matter on the gold weekly charts heading into the FOMC interest rate decision tomorrow. Review my latest Weekly Strategy Webinar for an in-depth breakdown of this gold technical setup and more
Pound Outlook: Sterling Levels to Watch as GBP/USD Rebound Falters 2020-12-14 20:00:00 Michael Boutros, Strategist
Sterling Technical Price Outlook: GBP/USD Trade Levels
Sterling technical trade level update – Daily & Intraday Charts
GBP/USD recovery fails at technical resistance – rally vulnerable sub-1.35
Critical support 1.31 – weakness beyond would risk larger correction in British Pound Advertisement
Sterling is down more than 0.7% against the US Dollar early in the week after gapping higher into the Sunday open with GBP/USD reversing off technical resistance on Monday. The broader correction off the yearly highs is now in question and we’re looking for a break of the weekly opening-range for guidance in the days ahead. These are the updated targets and invalidation levels that matter on the GBP/USD price charts. Review my latest Weekly Strategy Webinar for an in-depth breakd