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Gold price forecast update 17-01-2025

By Published On: January 17, 20250.4 min readViews: 3180 Comments on Gold price forecast update 17-01-2025

Gold price shows some slight bearish bias to head towards potential test to 2700.00$ barrier, waiting to get positive motive that push the price to resume the main bullish wave, which its targets begin by surpassing 2730.00$ to confirm opening the way to head towards 2790.00$.

 

On the other hand, we should note that breaking 2680.00$ will stop the bullish wave and force the price to turn to decline.

 

The expected trading range for today is between 2700.00$ support and 2740.00$ resistance.

 

Trend forecast: Bullish



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