Spot Gold buyers are not ready to give up yet, as they fear a change in risk sentiment if US AI giant Nvidia Inc.’s earnings report disappoints and creates a wave of risk aversion in financial markets.
mcx gold 2025 target price
Monthly Trading Plan for XAUUSD (Gold)
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.