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Gold price forecast update 07-06-2024
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Gold price forecast update 07-06-2024
Jun 7, 2024 7:56 AM

Gold price broke 2340.10$ level to open the way to return to the correctional bearish track, and we suggest targeting 2272.06$ areas as a next negative station, making the bearish bias suggested in the upcoming sessions, noting that breaching 2340.10$ and holding above it again will reactivate the bullish wave that its first target located at 2400.00$.

The expected trading range for today is between 2300.00$ support and 2340.00$ resistance.

Trend forecast: Bearish

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