Gold XAUUSD Chart Technical Outlook projection analysis would suggest a new high close to $2,836
We have seen a sustained move to the upside since posting the $2,306 swing low on November 14. Although intraday timeframes highlight overbought extremes, there’s no clear indication of a trend change. Bespoke support levels are located at $2,620 and $2,349. Projection analysis would suggest that Gold will make a new swing high close to $2,836. The last break of structure is located at $2,643. This is likely to attract buyers if dips are to be seen.
