Gold Price Analysis Expected Scenario Gold price shows some bullish bias to test the first key resistance 2340.10$, waiting to resume the negative trades to break 2319.80$ and activate the head and shoulders pattern followed by rallying towards our negative targets that start at 2272.06$ and extend to 2217.10$. We remind you that breaching 2340.10$ followed by 2360.00$ levels will stop the correctional bearish trend and push the price to regain the main bullish trend again. Expected Trading Range Between 2300.00$ support and 2345.00$ resistance.

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