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Gold price forecast update 20-05-2024
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Gold price forecast update 20-05-2024
May 20, 2024 5:41 AM

Gold Price Analysis Expected Scenario Gold price keeps its stability above the 2431.44$ level, affected by stochastic negativity to show some sideways bias. Waiting to get a positive motive that assists to push the price to resume the main bullish trend, which targets 2500.00$ mainly. The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 2431.44$ and holding below it. Expected Trading Range Between 2420.00$ support and 2460.00$ resistance.

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

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