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Gold Technical Outlook: XAU/USD Nears a Defining Breakout

Gold Technical Outlook: XAU/USD Nears a Defining Breakout

Gold price analysis shows the metal coiling in a seven-week range just above its yearly lows as momentum grinds to its weakest since late 2023. Michael Boutros, FOREX.com Senior Market Analyst, breaks down gold across the weekly, daily, and four-hour charts and the fundamentals that could drive its next directional move.

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