Gold Price Analysis Expected Scenario Gold price resumes its positive trading after the decline in previous sessions. Approaching the 2300.00$ barrier, waiting for more rise to surpass this level. Opening the way to head towards 2330.00$ as a next main target. Expected Outcome The EMA50 keeps supporting the suggested bullish wave.
Holding above 2265.00$ is important to achieve the waited targets.
Expected Trading Range Between 2275.00$ support and 2315.00$ resistance.
Trend Forecast: Bullish