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Gold prices continue their upward trajectory, reaching the anticipated target of $2,685.50. The outlook remains optimistic, with the potential to surpass this level and establish new historical highs. A confirmed break above $2,685.50 could propel prices toward the next targets of $2,695.90 and $2,715.00.
The bullish trend is expected to remain intact for today, provided that prices do not fall below the critical support level of $2,635.06.
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Today’s anticipated trading range is between $2,655.00 (support) and $2,690.00 (resistance).
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Trend Outlook: Bullish
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