GOLD FORCAST

The current analysis indicates a bearish trend for XAUUSD. A retest of 2355 is expected. If it fails to hold above this level, the price is projected to decline first to 2328 and, if it stabilizes below 2328, continue to 2306. Alternatively, if it stabilizes above 2355, a bullish trend towards 2397 is anticipated. Additionally, the market is expected to be very volatile due to upcoming NFP and Unemployment news.


Key Levels:

Bullish Lines: 2355, 2397, 2412
Bearish Lines: 2328, 2306, 2281