XAUUSD Daily Close to Determine Future Direction | Forex Forecast for December 31, 2019

XAUUSD continues to push higher, but do buyers have what it takes to take on the 2019 high at 1550? Or is the metal in need of a pullback first? Watch today’s Forex forecast video to see where XAUUSD (gold) might be going from here.

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XAUUSD Daily Close to Determine Future Direction
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XAUUSD (gold) continues to push higher following the December 23rd breakout above the 1480 confluence of resistance.

I wrote about that breakout on December 19th and several times before then.

The rally earlier this year combined with this latest consolidation that carved a falling wedge looked constructive.

Continue reading on the blog…
https://dailypriceaction.com/setups/xauusd-daily-close-determine-direction/

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