Gold Price Weekly Outlook: XAU/USD to Threaten Yearly Range Lows

• Updated weekly technicals on Gold; Outside-reversal off resistance threatens deeper losses

  每周更新Gold的技术资料;外部逆转抵消可能导致更严重的损失

• Check out our 2019 projections in our Free DailyFX Gold Trading Forecasts

  在我们的免费DailyFX黄金交易预测中查看我们的2019年预测

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  星期一中午12点30分加入Michael参加Live Weekly Strategy网络研讨会

Gold prices are poised to close lower on the week with the precious metal down more than 1.4% to trade at 1294 ahead of the New York close on Friday. Although the broader outlook is still constructive, the risk remains for a larger setback heading into the April open. Here are the key targets & invalidation levels that matter on the Gold (XAU/USD) weekly chart.

本周黄金价格有望收低，贵金属价格下跌超过1.4％，在周五纽约收盘前交投于1294。虽然更广阔的前景仍然具有建设性，但风险仍然是4月份开盘前的更大挫折。以下是黄金（XAU / USD）周线图中重要的关键目标和失效水平。

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黄金交易新手？开始使用此免费黄金交易方式 - 开始指南

Gold Weekly Price Chart (XAU/USD)

黄金周价格表（XAU / USD）

Notes: In my previous Gold Weekly Technical Outlook we noted that a price rebound off slope support was vulnerable while below the, “yearly high-week close at 1327 with a topside breach there shifting the focus back toward the 2018 high-week close at 1350.” XAU/USD registered a high at 1324 before turning over with price on pace to mark an outside weekly-reversal off the March high.

注意：在我之前的黄金周刊中技术展望我们注意到斜坡支撑位的价格反弹是脆弱的，而低于“每周高位收盘于1327点，上行突破将焦点转移至2018年高点收盘时的1350点。”XAU / USD注册了高位于1324点之前，价格上涨，标志着3月高点以外的周线逆转。

Key weekly support rests at 1275/76 where the objective yearly opening-range low converges on the 38.2% retracement of the 2018 advance and former pitchfork resistance. A break below this threshold would expose key confluence support and broader bullish invalidation at 1253/58- look for a bigger reaction there IF reached. Resistance steady at 1327 with a breach above the 2018 high-week close at 1350 needed to keep the long-bias in play targeting 1366 and 1380/91.

关键的每周支撑位于1275/76，目标年度开盘价低收益于2018年前进和前干草叉的38.2％回撤位esistance。突破该门槛将暴露关键的汇合支撑和1253/58的更广泛的看涨失效 - 寻找IF达到的更大反应。阻力位于1327点，突破2018年高点周收盘价1350点所需，以保持1366和1380/91的长期偏见。

For a complete breakdown of Michaels trading strategy, review his Foundations of Technical Analysis series on Building a Trading Strategy

迈克尔斯交易策略，回顾他的技术分析基础系列n建立交易策略

Bottom line: Gold is poised for a reversal off the yearly high-week close and leaves the risk lower heading into the April open. From trading standpoint, look for a reaction in price on a move towards confluence support 1275 or 1258 – both levels of interest for possible price exhaustion. Ultimately, a breach / close above 1327 is needed to mark resumption. Ill publish an updated Gold Technical Outlook once we get further clarity on near-term price action.

底线：黄金准备从年度高位收盘时反转，并将风险降低至4月开盘。从交易的角度来看，在向汇合支持1275或1258这两个可能的价格疲惫感兴趣的水平上寻找价格反应。最终，需要突破/收盘超过1327才能恢复。一旦我们进一步明确近期价格行动，我就会发布更新的黄金技术展望。

Even the most seasoned traders need a reminder every now and then-Avoid these Mistakes in your trading

即使是经验最丰富的交易者也需要不时提醒 - 避免这些错误交易

Gold Trader Sentiment

Gold Trader Sentiment

• A summary of IG Client Sentiment shows traders are net-short Gold - the ratio stands at +3.32 (76.9% of traders are long) – bearish reading

  IG客户情绪摘要显示，交易者是净空黄金 - 比率为+3.32（交易者持有的比例为76.9％） - 看跌看跌

• Long positions are 2.6% higher than yesterday and 7.5% higher from last week

  多头头寸比昨天增加2.6％，比上周增加7.5％

• Short positions are 15.7% lower than yesterday and 17.9% lower from last week

  空头头寸比昨天减少15.7％，比去年减少17.9％一周

• We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests Gold prices may continue to fall. Traders are further net-long than yesterday & last week, and the combination of current positioning and recent changes gives us a stronger Gold-bearish contrarian trading bias from a sentiment standpoint.

  我们通常采取逆势观点来看待市场情绪，而且交易商持续观点表明黄金价格可能继续下跌。交易商比昨天和上周进一步净多头，目前的定位和最近的变化相结合，使我们从情绪的角度看待黄金利空的逆势交易偏向。

See how shifts in Gold retail positioning are impacting trend- Learn more about sentiment!

了解黄金零售定位的变化如何影响趋势 - 了解更多关于情绪的信息！

Previous Weekly Technical Charts

以前的每周技术图表

• Australian Dollar (AUD/USD)

  澳元（澳元/美元）

• New Zealand Dollar (NZD/USD)

  新西兰元（NZD） / USD）

• Euro (EUR/USD)

  欧元（欧元/美元）

• Crude Oil (WTI)

  原油油（WTI）

• Canadian Dollar (USD/CAD)

  加拿大元（美元/加元）

• British Pound (GBP/USD)

  英国英镑（GBP / USD）

Learn how to Trade with Confidence in our Free Trading Guide

了解如何在我们的免费交易指南中放心交易

--- Written by Michael Boutros, Technical Currency Strategist with DailyFX

---由DailyFX技术货币策略师Michael Boutros撰写