Gold price forecast for today: XAUUSD analysis
Yesterday, the level of 1909 was reached which serves as the target for gold purchases at the Intermediary Zone. Today, May 26 high was updated. Target Zone 2 1903 - 1898 was also broken out. Therefore, the next target is now Gold Zone 2 1923 - 1921.
Look for new gold purchases on correction at strong supports: the Additional Zone 1903 - 1902 and the Intermediary Zone 1891 - 1889. The latter serves as the border of the short-term uptrend.
Yesterday, the level of 1909 was reached which serves as the target for gold purchases at the Intermediary Zone. Today, May 26 high was updated. Target Zone 2 1903 - 1898 was also broken out. Therefore, the next target is now Gold Zone 2 1923 - 1921.
Look for new gold purchases on correction at strong supports: the Additional Zone 1903 - 1902 and the Intermediary Zone 1891 - 1889. The latter serves as the border of the short-term uptrend.