Gold price forecast update 11-04-2024
Economies.com
2024-04-11 11:09AM UTC
Gold Price Analysis
Expected Scenario
- Gold price fluctuates within sideways track and settles around 2340.00$, waiting to activate the positive signals for stochastic to motivate the price to resume the expected bullish trend for today, which targets 2370.00$ followed by 2400.00$ levels mainly.
- Breaching 2352.50$ will reinforce the positive overview, while holding above 2326.50$ represents key condition to achieve the suggested targets.
Expected Trading Range
Between 2335.00$ support and 2370.00$ resistance.
Trend Forecast: Bullish
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