Gold Price Analysis
Expected Scenario
- Gold price shows new positive trades to test the 2400.0$ barrier, awaiting to surpass this level to open the way for a rally towards achieving more gains on the short-term and medium-term basis. Our next target is located at 2510.00$.
- The technical indicators provide positive signals supporting the continuation of the suggested bullish trend scenario, which will remain valid conditioned by the price stability above 2325.90$.
Expected Trading Range
Between 2370.00$ support and 2410.00$ resistance.
Trend Forecast: Bullish