Gold prices surged into the start of the week with XAU/USD up more than 1.4% in early US trade on Wednesday. The recovery is now approaching major resistance into the 20202 yearly open and the focus is on this post-inflation push toward the highs. While the broader outlook remains constructive, the immediate advance may be vulnerable into this region and we’re looking for possible price inflection for guidance in the days ahead. These are the updated targets and invalidation levels that matter on the XAU/USD technical charts heading into the close of the week. Review my latest Strategy Webinar for an in-depth ... (full story)