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Gold price forecast update 17-05-2024
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Gold price forecast update 17-05-2024
May 17, 2024 3:38 AM

Gold Price Analysis Expected Scenario Gold price shows sideways trades since morning, and continues to move around 2380.00$ level, waiting to activate the positive effect of stochastic to resume the expected bullish wave for today, which its next targets located at 2400.00$ followed by 2431.44$. In general, the bullish trend will remain valid and active for today unless breaking 2325.90$ and holding below it. Expected Trading Range Between 2360.00$ support and 2400.00$ resistance.

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

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