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Gold price forecast update 05-04-2024
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Gold price forecast update 05-04-2024
Apr 5, 2024 5:57 AM

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

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