XAU/USD Help Rebound to Face FOMC- GLD Ranges
Gold prices are carving out a well-defined December opening-range simply above key long-term help and the stage is ready heading into right this moment’s FOMC rate of interest resolution. These are the up to date targets and invalidation ranges that matter on the XAU/USD charts. Review my latest Weekly Strategy Webinar for an in-depth breakdown of this gold price setup and extra.
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Gold Value Chart – XAU/USD Every day
Technical Outlook: In my newest Gold Price Outlook we famous that XAU/USD had continued commerce inside a long-term help zone at, “the 1451-1461 vary with the short-bias weak whereas above the month-to-month (November) opening-range lows.” Practically two weeks later and worth has continued to carry above this threshold with the December opening-range taking form simply above.
Important day by day help regular on the 1451 confluence…