Gold Prices Set to Test $2400 Amid Bullish Momentum

by Yuki

Gold prices surged towards the $2390.00 mark, signaling a bullish start today with sights set on testing $2400.00 as the next key resistance level. Positive momentum in stochastic indicators supports expectations for further upward movement.

The EMA50 continues to underpin prices from below, reinforcing a positive outlook that hinges on maintaining stability above $2340.10.

Today’s trading range is anticipated between support at $2365.00 and resistance at $2400.00.

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