Gold Price Analysis Expected Scenario The gold price returns to rise and attempts to resume the main bullish track, moving inside a bullish channel that supports the chances of achieving more gains on the short-term and medium-term basis. We are waiting to visit 2364.00$ as the next station.

The EMA50 keeps supporting the suggested bullish wave. Breaking 2320.00$ will put the price under temporary negative pressure to target testing 2273.00$ initially before any new attempt to rise.

Expected Trading Range Between the support at 2325.00$ and the resistance at 2360.00$

Trend Forecast: Bullish