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Forecast update for Gold -23-06-2025

By Published On: June 23, 20250.4 min readViews: 1010 Comments on Forecast update for Gold -23-06-2025

Natural gas price activated the bearish correctional track after recording $4.160 level, affected by stochastic exit from the overbought level, activating the attempts of gathering gains by reaching $3.900.

 

Depending on forming extra support at $3.830 level, to reduce the risk of suffering extra losses, to keep waiting for gathering the positive momentum, which allows it to renew the bullish attempts and reaching $4.050 and $4.220.

 

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The expected trading range for today is between $3.850 and $4.050

 

Trend forecast: Bullish

 

 




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