Gold price forecast update 27-03-2024
Economies.com
2024-03-27 09:56AM UTC
Gold Price Analysis
Expected Scenarios
- Gold price keeps its stability above 2166.50$.
- Stochastic gains additional positive momentum, waiting to motivate the price to resume the expected bullish trend for today.
- Targets begin at 2222.86$.
Note that surpassing the mentioned level will extend the bullish wave to reach 2250.00$ as a next positive station, while the expected rise will remain valid unless breaking 2166.50$ and holding below it.
Trading Range
The expected trading range for today is between 2160.00$ support and 2195.00$ resistance.
Trend forecast: Bullish
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