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Gold forecast for today: XAUUSD analysis
15 hours ago
Member Since Sep 09, 2024
34 posts
The short-term uptrend in gold continued today. As a result, the upper Target Zone 3368 - 3345 was reached. At the moment, the price is declining due to the closure of large purchases. If the decline turns into a downward correction, we can expect quotes near the support (A) 3270 - 3262. After testing this support, it will be profitable to consider new purchases with the main target at today's high.The trend boundary is shifting to the area of 3232 - 3221.
Trading decisions on XAUUSD for today:Buy near support (A) 3270 - 3262. TakeProfit: 3304, 3345. StopLoss: 3248.

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