Gold Forecast Today 25-06-2024 Gold Stand Weak

Gold Forecast today: Gold started with a good upward pattern and has reached the 1-hour resistance and getting sufficient rejection. It’s time to sell on gold. If you check this pattern on my swing trading guru indicator then you can see that we have a bearish signal on gold xauusd on the 5-minute time frame.

If we look xauusd  for the next hours is bearish and it can target 2317.603. Stop Losses should be set at the previous high that you can see in the image.

Long Term (XAU/USD) Forecast

I have also observed the 1-hour chart and it looks bearish to me and price can target 2322.563 and in case of further decline we are looking to sell entries till 2316.762.

My Forecast on Gold today: I am Bearish

Happy Trading!

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