Hello everyone,
Precious metals experienced a slight correction today, with a decrease of $20 or -1.04% compared to the previous trading session.
Gold price forecast:
14 Wall Street analysts participated in Kitco News' gold survey. 72% of the analysts expect gold prices to increase in the near future, while 14% predict a decrease and the remaining 14% believe prices will remain stable.
From the analysis chart:
In the short term, gold may test the support level at $1900. The hope is that it will find support at this point and then rebound.