Gold price forecast update 17-04-2024
Economies.com
2024-04-17 09:24AM UTC
Trend Forecast for Gold Price
Expected Scenario upon Resuming the Bullish Trend
- Gold price trades positively now in attempt to resume the expected bullish trend for today.
- Waiting to breach 2400.00$ level to reinforce the positive scenario.
- The target for the upward movement is set at 2510.00$.
Expected Scenario in Case of Breaking 2370.00$ Level
- Breaking 2370.00$ might force the price to suffer some intraday losses.
- Testing 2325.90$ areas could occur before any new attempt to rise.
Expected trading range for today: Between 2370.00$ support and 2410.00$ resistance.
Trend forecast: Bullish
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