End of day gold price forecast update - 22-03-2024

Gold price faces new negative pressure to attempt to break 2166.50$ level, as it moves below it now, which urges caution from the upcoming trading, as confirming the break will push the price to achieve additional bearish correction that its next target reaches 2131.70$, while the price needs to consolidate above the first level to guarantee the continuation of the bullish wave that its first target located at 2222.86$.