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Gold (XAUUSD) Price Forecast: Gold Price Rally Hits New High as Bulls Target Further Breakout
FX Empire· 2025-12-26 14:18
No Overhead Resistance, Only Reversal RiskWith no true resistance, let’s face it, the only fear for the bulls is a sudden reversal to the downside with better-than-average volume. We could still get this today, but if it occurs, it will be driven by low volume, which will set up the next “buy the dip” opportunity.The New Definition of a Dip in a Vertical Gold MarketAs we move higher and more vertical, the definition of dip is going to change. Sticking with a 50% correction of a price swing, our “dip” level ...