The gold price is making fresh, profitable transactions as it approaches the 2400.0$ barrier. A breakthrough over this level would pave the way for a rally that would bring more short- and medium-term profits. The location of our next objective is 2510.00$.
Positive indications from the technical indicators support the continuance of the bullish trend scenario that has been provided. This scenario will hold true as long as the price stays above 2325.90$.
Anticipated Trading Range
between the 2410.00$ resistance and the 2370.00$ support.
