Gold Price Analysis Expected Scenario Gold price trades negatively to press on the bearish pennants support line, waiting to break this level at 2311.00$ to get negative motive that assist to push the price to resume the expected bearish trend for the upcoming period, which its next target located at 2272.06$. Therefore, our bearish overview will remain valid and active unless breaching 2340.10$ and holding with a daily close above it. Expected Trading Range Between 2300.00$ support and 2335.00$ resistance.

Trend Forecast: Bearish Read more: Will Gold price reach 3000$ areas?