Gold Technical Forecast: XAU Nears Major Support. Will Bulls Pounce? - DailyFX

Gold prices fell last week but trimmed losses late in the week. Bulls may attempt to drive higher next week, but the technical situation doesn't appear poised to sustain a rally.

Gold Technical Forecast: Neutral

• Gold prices fell for a third week after FOMC and US NFP
• A late-week rebound may carry over into next week
• However, prices don’t look primed … [+1420 chars]
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