Gold price prediction: What’s the outlook for today?

Gold price prediction today: Gold prices are expected to maintain bullish momentum long-term, but intraday traders can consider a “sell on rise” strategy today. Technical indicators suggest a temporary correction due to overbought conditions and profit-booking near the 117250-117400 resistance. This high-risk, short-term trade targets 116400 with a stop-loss at 118200.

Leave a Reply

Your email address will not be published. Required fields are marked *