Gold (XAU) Day by day Forecast: Bullish Momentum Holds as Gold Targets $2,670 Resistance…

Gold is buying and selling at $2,665.56, up zero.31%, exhibiting regular momentum because it stays above the pivot level of $2,661.52. Fast resistance sits at $2,670.56, with additional boundaries at $2,677.72 and $2,685.66.

On the draw back, key help ranges are at $2,650.43 and $2,638.10, aligning with the 50-day EMA at $2,638.47.

A bullish continuation appears probably if gold stays above $2,662, particularly with a “three white troopers” candlestick sample supporting the uptrend. Nonetheless, a break beneath this degree might set off sharp promoting strain. Control the 50-day EMA for potential shifts in momentum, because it acts as a key help zone.