View full page at metalsmine.com

 

Gold Price Targets: Bulls Risk Exhaustion as XAU/USD Eyes Resistance

From dailyfx.com

Gold prices are poised to mark the third consecutive weekly advance with the precious metal rallying more than 1% to trade at 1510 ahead of the close of New York trade on Friday. Prices pared a portion of the early-week gains after reversing off critical resistance and our focus is on this key zone heading into next week. These are the updated targets and invalidation levels that matter on the XAU/USD price daily chart. Review my latestWeekly Strategy Webinar for an in-depth breakdown of this gold price setup and more. In my last Gold Weekly PriceOutlook we noted that XAU/USD was, “testing major confluence resistance ... (full story)

Story Stats

  • Posted:
  • Category: Technical Analysis