Spot Gold Forecast: Considering the yellow metal’s moves since April 18, gold portrays a falling wedge bullish chart pattern on the four-hour play. That said, nearly oversold RSI (14) keeps gold buyers hopeful of further recovery moves.
Gold Forecast Today
Gold Forecast And Technical Outlook For Today [30-03-2022]
Gold Forecast And Technical Outlook For Today: The spot gold price (Yellow Metal) is stalling at an hourly resistance zone near $1926—$19,33 while Russia promised at the peace talks in Istanbul to drastically scale down its military operations around Kyiv and the northern Ukrainian city of Chernihiv.
Gold Forecast Today: Yellow Metal Buy on Dips, Range 47750—48350
Gold Forecast Today, Gold Price Outlook, Gold Trading Tips: Last 2 days Yellow Metal (Gold) gain can be attributed to weakness in the US Dollar. The US dollar came lower after U.S. private payrolls fell for the first time in a year in January as soaring COVID-19 infections disrupted business operations.