Gold Price Analysis Expected Scenario The price of gold is currently showing a slight bearish bias. There might be a test of the key support at 2325.90$ before a potential upward movement resumes. The bullish trend scenario remains valid unless the mentioned support is broken and held below. The bullish outlook is supported by stochastic positivity and the EMA50. Targets start at 2393.00$ and extend to 2510.00$ after surpassing the previous level. Expected Outcome The price is expected to maintain a bullish trend.

Expected Trading Range Between the support at 2345.00$ and the resistance at 2390.00$.

Trend Forecast: Bullish