![Gold XAUUSD Chart Technical Outlook](https://tradingtwist.com/wp-content/uploads/2023/07/Gold-XAUUSD-Chart-Technical-Outlook-2.jpeg)
Gold XAUUSD Chart Technical Outlook – if I was looking for a selling opportunity in gold, I would place a sell stop at $1,967 with a target of $1,952. This is a wedge breakout and the measured move. I think you would need to take care over fed minutes. I would also be wary of locking in profit or stop as this breakout could turn into a Gartley formation.