Gold price forecast update 26-03-2024
Economies.com
2024-03-26 09:31AM UTC
Gold Price Analysis
- Gold price resumes its positive trading now, and attempts to move away from the key support 2166.50$, to support the continuation of the expected bullish trend for today, which gets good support by the EMA50, waiting to test 2222.86$ as a first station.
- Stochastic overlaps positively to reinforce the expectations to rise, reminding you that the continuation of the bullish trend conditions the price stability above 2166.50$.
The expected trading range for today is between 2160.00$ support and 2190.00$ resistance.
Trend forecast: Bullish
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