View full page at metalsmine.com

 

Gold Price Outlook: Gold Pops on Hot Inflation, Bulls Eye Resistance

From dailyfx.com

Gold prices are virtually unchanged since the start of the week with XAU/USD recouping early losses on the heels of today’s US Inflation data release. While the broader outlook remains constructive, the April rally may yet be vulnerable while below technical resistance just higher and our immediate focus is on a break of the monthly opening-range for guidance. These are the updated targets and invalidation levels that matter on the XAU/USD technical charts. Review my latest Strategy Webinar for an in-depth breakdown of this gold technical setup and more. {chart} Technical Outlook: In my last Gold Price Outlook we ... (full story)

Story Stats

  • Posted:
  • Category: Technical Analysis