End of day gold price forecast update - 01-04-2024

Economies.com
2024-04-01 17:22PM UTC

Gold price faces negative pressure to approach testing the key support 2222.86$, affected by stochastic negativity, and the price needs to consolidate above this level to guarantee the continuation of the main bullish trend, as breaking it might force the price to achieve some intraday bearish correction before turning back to rise again, while breaching 2260.00$ will ease the mission to rally towards our next positive target that reaches 2300.00$.

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