XAU/USD;TECHNICAL
FRECAST: UPDATE
A breakout in Gold is within striking distance of the 2021 high-week reversal-close at 1849 and we’re looking for a reaction / possible inflection up here. From a trading standpoint, a good zone to reduce long-exposure / raise protective stops – be on the lookout for downside exhaustion ahead of 1795 IF price is indeed heading higher on this stretch. Review my latest Gold Price Outlook for a closer look at the near-term XAU/USD technical trade levels.
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