GOLD FORECAST
The current analysis indicates a Bullish trend for 
XAUUSD, provided it stays above the PIVOT LINE at 2329, and it's possible to touch 2355 as well then it'll start the bullish trend. The prevailing Bullish pressure suggests that if trading remains above 2329, the trend will continue a strong upward till 2376. otherwise stabilizing below 2329 will try to reach 2306.
Key Levels:
Bullish Line: 2355, 2376, 2397, 2412
Pivot Line: 2329
Bearish Line: 2306, 2281, 2306
XAUUSD, provided it stays above the PIVOT LINE at 2329, and it's possible to touch 2355 as well then it'll start the bullish trend. The prevailing Bullish pressure suggests that if trading remains above 2329, the trend will continue a strong upward till 2376. otherwise stabilizing below 2329 will try to reach 2306. Key Levels:
Bullish Line: 2355, 2376, 2397, 2412
Pivot Line: 2329
Bearish Line: 2306, 2281, 2306
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.