Gold Technical Analysis: XAU/USD Range Tightens- Breakout Incoming?

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Gold Technical Outlook: XAU/USD Multi-timeframe Analysis

Gold trading range tightens as key technical levels come into focus, with breakout risks building across multiple timeframes. Michael Boutros, Senior Technical Strategist at FOREX.com, breaks down the critical support and resistance zones shaping gold’s near-term outlook, including Fibonacci retracements, pitchfork structures, and key range levels. He also outlines what traders should watch as CPI and macro risks drive volatility.

This content was created by an affiliate of FOREX.com and represents the views and opinions of the author/speakers, not the views and opinions of Forex.com, StoneX Group Inc., or its subsidiaries. The content has not been independently reviewed by FOREX.com.

Review my latest Gold Technical Forecast for an in-depth breakdown of the longer-term XAU/USD technical trade levels. 

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Active Short-term Technical Charts

Written by Michael Boutros, Senior Technical Strategist

Follow Michael on X @MBForex

 

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