Gold prices have rallied more than 3.2% since the start of the December with XAU/USD trading just below pivotal resistance into the close of a second weekly advance. The monthly range breakout remains intact but coiled just below this key barrier, leaving price vulnerable to a near-term inflection as momentum stretches. A decisive reaction here will be critical in determining whether gold can break into fresh record territory or if a pause is needed to reset conditions before the next push higher. Battle lines drawn on the XAU/USD short-term technical charts. In last month’s Gold Short-term Outlook we noted that a ... (full story)