Gold Price Forecast: XAU/USD to stay in a range below $1,853 after closing the week above key $1,825 support

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Gold Price Forecast: XAU/USD to stay in a range below $1,853 after closing the week above key $1,825 support
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Gold Price Forecast: XAU/USD to stay in a range below $1,853 after closing the week above key $1,825 support Gold XAUUSD

Thursday’s high of $1,845 could challenge bearish commitments

Therefore, Gold bulls could gather some courage to retest the previous support now turned resistance at the flattish 50-Daily Moving Average , currently pegged at $1,853. Ahead of that, Thursday’s high of $1,845 could challenge the bearish commitments.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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