Category: Forex News, News
Forecast update for gold-24-04-2025
The NZDCAD price forms bearish correctional waves but its main stability within the bullish channel’s levels, besides the continuation of forming extra support at 0.8220 level, these factors support the continuation of the positivity in the upcoming trading.
Gathering the required momentum is important to assist activating the bullish attack, which targets 0.8295 level reaching the near period of the resistance at 0.8365, while the trading below the extra support will confirm delaying the bullish attack and forming several bearish correctional waves, to attempt to test the moving average 55 near 0.8180.
The expected trading range for today is between 0.8220 and 0.8295
Trend forecast: Bullish
Do you need help in trading decisions? Do you want to learn how to start trading?
Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:
- Full coverage of commodities such as gold, oil, silver, and more
- Full coverage of all major forex currency pairs
- Full coverage of key global indices and stocks
- Full coverage of major cryptocurrencies and meme coins
- Accurate analysis and daily updated price forecasts
- Exclusive and breaking news
- Reliable trading ranges for effective risk management
- Comprehensive educational materials, competitions and prizes!
- Innovative tools to enhance your trading performance
Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.
Written by : Editorial team of BIPNs
Main team of content of bipns.com. Any type of content should be approved by us.
Share this article: