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Gold price forecast update 26-04-2024
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Gold price forecast update 26-04-2024
Apr 26, 2024 4:21 AM

Gold Price Analysis Expected Scenario Gold price shows new positive trades to attempt to return to the bullish channel again. Stochastic loses its positive momentum to form potential negative pressure on the price. We continue with our neutrality until the price confirms breaching 2346.50$ resistance or break 2325.90$ support to detect its next destination clearly. Details of Targets and Support Breaking the resistance will lead the price to target 2390.00$ followed by 2431.45$ levels as next positive stations. Breaking the support will push the price to achieve additional bearish correction, with the next target reaching 2260.60$. Expected Trading Range Between 2315.00$ support and 2355.00$ resistance.

Trend Forecast: Neutral

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