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Source: Forexcom News Agency
1 month ago
Forex Medium Importance
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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XAUUSD XAU/USD
Source: Forexcom
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Source: Forexcom News Agency
1 month ago
Forex Medium Importance
Swiss Franc Forecast: USD/CHF Breakout Reversal Puts Bulls on Notice

Swiss Franc Forecast: USD/CHF Breakout Reversal Puts Bulls on Notice

USD/CHF enters the new week / month at an important technical crossroads after reversing sharply from major technical resistance at the yearly high. The failed breakout has shifted attention from trend continuation to whether buyers can stabilize the current pullback before it develops into a broader correction.

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USDCHF USD/CHF
Source: Forexcom
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