Gold Price forecast and trading plan: The risk of consolidation is increasing, and the primary objective is to accurately predict the trading range. The channel between $2,547 and $2,737 per ounce seems suitable. If the price of gold breaks the resistance level of $2636, it would be advisable to buy the asset with a target at the upper limit of $2,737. Conversely, a rebound towards the lower limit of $2,547 would be a reason to sell.
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Gold and silver prices surged in domestic and international markets, driven by escalating Russia-Ukraine tensions and a weaker dollar. Bullish forecast and outlook on gold, with a target of $3,200——$3,500 per ounce by December 2025, further supported the price rally.
