A gold price breakout is underway with a rally of nearly 5% taking price though yearly downtrend resistance. Levels that matter on the XAU/USD weekly technical chart.
Gold is attempting to breakout of the yearly downtrend with XAU/USD rallying nearly 2% this week. Battle lines drawn- levels that matter on the weekly technical chart.
Gold turned from yearly trend resistance with XAU/USD attempting to snap a two-week winning streak. Battle lines drawn- levels that matter on the weekly technical chart.
Gold plunged through key technical support with a third weekly decline plummeting to fresh multi-year lows. Levels that matter on the weekly technical chart.
Gold is poised for a break with XAU/USD contracting into yearly downtrend resistance ahead of key inflation data. Levels that matter on the weekly technical chart.