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.
Gold surged more than 7.5% off the yearly lows with a four-week rally now approaching major trend resistance. The levels that matter on the weekly technical chart.
Gold has surged more than 6.3% off the yearly lows with a two-week rally now approaching the first test of resistance. Levels that matter on the weekly technical chart.
Gold is within striking distance of the 2021 lows with a five-week plunge breaking multi-year uptrend support. Levels that matter on the weekly technical
Gold collapsed more than 3.8% this week with XAU/USD now testing multi-year uptrend support. Battle-lines are drawn. Levels that matter on the weekly technical chart.