Gold Price Outlook: Gold Breakout Rejected – XAU/USD Bulls Beware
Gold surged 3.2% into the 2021 open before reversing sharply with price set to close lower on the week. Here are the levels that matter on the XAU/USD technical charts.
Gold surged 3.2% into the 2021 open before reversing sharply with price set to close lower on the week. Here are the levels that matter on the XAU/USD technical charts.
Gold bulls just got grounded this week while Bitcoin flew to the moon. Do we have a new safe-haven taking the crown, or a mere pause in a bigger picture cycle?
The EUR/USD is trending higher, but momentum has waned; still giving it the benefit of the doubt, but keep a watchful eye on the channel.
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