Gold price forecast update 28-03-2024

Economies.com
2024-03-28 10:19AM UTC

Gold Price Analysis

  1. Gold price shows new positive trades to touch 2200.00$ barrier, waiting for more rise to visit 2222.86$ that represents our next main target.
  2. Stochastic negativity interprets the reasons of the current slow bullish wave and the difficulty to continue the rise, noting that the continuation of the bullish wave depends on the price stability above 2166.50$.

Expected Trading Range

  • Support: 2175.00$
  • Resistance: 2210.00$
Trend forecast: Bullish

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