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Gold Price Targets: XAU/USD Breakout Halted at Trend Resistance
Gold prices are poised to rally for a third consecutive week and would mark the eleventh advance in the past thirteen weeks. The price breakout ran into a critical resistance zone we’ve been tracking for months now and leaves the broader long-bias vulnerable while below up-trend resistance. These are the updated targets and invalidation levels that matter on the XAU/USD weekly price chart. Review my latestWeekly Strategy Webinar for an in-depth breakdown of this gold price setup and more. In my last XAU/USD PriceOutlook we noted that gold was, “testing a critical resistance confluence at 1522/26 and we’re ... (full story)