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XAU/USD Bulls Charge Resistance
Gold prices rebound from multi-year trend support- marks second weekly advance XAU/USD rally within striking distance of key resistance- U.S. CPI on tap next week Resistance 2736/47 (key), 2804, 2900– Support 2607, 2532, 2450/82 (key) Gold prices closed a fourth consecutive daily advance on Friday with the post-NFP rally posting a weekly advance of nearly 1.9%. A rebound off slope support is attempting to mark resumption of the broader uptrend with key resistance now in view. Battle lines drawn on the XAU/USD weekly technical chart.Technical Outlook: In my last Gold Weekly Price Forecast we noted that the XAU/USD ... (full story)