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Gold Short-term Outlook: XAU/USD Breaks Out- Bulls Eye Record High
Gold prices are poised to mark a third consecutive daily advance with XAU/USD clearing the June opening-range on news of war breaking out in the Middle East. The breakout takes price into uptrend resistance and while the broader outlook remains constructive, the immediate advance may be vulnerable while below this slope. Battle lines drawn on the short-term gold technical charts heading into a slew of central bank interest rate decisions next week. Review my latest Weekly Strategy Webinar for an in-depth breakdown of this gold technical setup and more. Join live on Monday’s at 8:30am EST. Technical Outlook: In last ... (full story)
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- Jun 13, 2025 12:00pm Posted byTechnical Analysis375
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