Gold Price Chart: XAU Breakout Testing Resistance at Six-Year Highs - DailyFX
Gold Price Chart: XAU Breakout Testing Resistance at Six-Year Highs - DailyFX Gold Price Chart: XAU Breakout Testing Resistance at Six-Year Highs - DailyFX Sterling Dollar Price Chart: GBP/USD Recovery Fails at Yearly Open - DailyFX The Head and Shoulders Pattern: A Trader’s Guide - DailyFX Apply "the secret" to forex trading success - ForexLive Gold Price Chart: XAU Breakout Testing Resistance at Six-Year Highs - DailyFX Posted: 25 Jun 2019 09:16 AM PDT Gold prices have surged nearly 13% off the yearly lows with the advance probing fresh six-year highs today in New York. The breakout is testing initial resistance targets today at the late-2013 swing highs with daily momentum deep in overbought territory. While the broader outlook remains constructive, the advance may be vulnerable near-term while below today's highs. T hese are the updated targets and invalidation levels that matter on the XAU/USD c...