Gold Price Forecast: XAU/USD Breaks Lower, Will it Hold Before the Weekend Starts? - DailyFX

5/12/2022 12:00:00 AM2 years 11 months ago
by Daniel Dubrovsky

Gold prices aimed lower over the past 24 hours, taking out a critical rising trendline from August. Will XAU/USD confirm the breakout, opening the door to further losses?

Gold, XAU/USD, US Dollar, Technical Analysis, IGCS - Talking Points:

  • Gold prices extended losses over the past 24 hours as weekend nears
  • The yellow metal is eyeing University of Mich… [+2050 chars]

    full article...