Gold Price Analysis Expected Scenario Gold price is testing the key resistance 2340.10$ and keeps its stability below it until now, to keep the bearish trend scenario active on the intraday basis, waiting to visit 38.2% Fibonacci correction level at 2272.06$. The price needs to break 2324.00$ to ease the mission of heading towards the suggested target, noting that breaching 2340.10$ will stop the expected decline and lead the price to attempt to regain the main bullish trend again. Expected Trading Range Between 2310.00$ support and 2345.00$ resistance

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