Gold price forecast update 16-04-2024

Economies.com
2024-04-16 09:48AM UTC

Gold Price Forecast

  • Gold price trades negatively now, affected by stochastic negativity, waiting to get positive motive that assist to push the price to resume the expected bullish trend for today, which targets 2510.00$ as a next main station.
  • On the other hand, we remind you that breaking 2325.90$ will put the price under the correctional bearish pressure again, to head towards 2260.60$ as a next negative target.

The expected trading range for today is between 2360.00$ support and 2410.00$ resistance.

Trend forecast: Bullish

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