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Gold, Bitcoin, DXY, EUR/USD, AUD/USD, Oil Weekly Technical Outlook
Gold is trading more than 15% off the monthly low following last month’s 21% decline with XAU/USD approaching resistance early in the week at the 61.8% retracement near 5141. Looking for a reaction off this mark IF reached. Monthly open support rests at 4894 and is backed by the 61.8% retracement of the February range at 4667. Key support / bullish invalidation remains with the 2025 high-day close (HDC) at 4500/33- losses below this threshold would be needed to suggest a more significant high is in place and a larger gold correction is underway. A topside breach above the median-line would expose the 100% extension ...
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