Gold price forecast update 25-04-2024

Economies.com
2024-04-25 09:42AM UTC

Gold Price Analysis

Expected Scenario

  • Gold price didn’t show any strong move since morning, to continue moving around 2325.90$ level.
  • As long as the price is below this level and below 2338.10$, the correctional bearish trend will remain active.
  • This trend targets 2260.60$ as a next station.
  • Reminding you that breaching the mentioned resistance will push the price to recover and return to the main bullish track again.

Expected Trading Range

Between 2295.00$ support and 2335.00$ resistance.

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