Gold Spot / U.S. Dollar
Short

GOLD FORECAST

The current analysis indicates a Bearish trend for XAUUSD , provided it stays above the PIVOT LINE at 2360, and it's possible to touch 2369 as well then it'll start the bullish trend. The prevailing Bearish pressure suggests that if trading remains below 2360, the trend will continue a strong downward till 2330.


Key Levels:

Bullish Line: 2376, 2397, 2412
Pivot Line: 2360
Bearish Line: 2344, 2330, 2306

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