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Gold Price Forecast – June 20, 2024

Posted on June 20, 2024 by Dean Rogers, CMT in Gold Price Forecast

Gold settled above a few important wave projections today that imply a test of $2389 and possibly key resistance at $2405 will take place within the next day or so. Settling above $2405 will imply that the move down is complete and that gold is readopting a firm bullish outlook.

Gold Price Forecast – June 6, 2024

Posted on June 06, 2024 by Dean Rogers, CMT in Gold Price Forecast

Gold confirmed a small $2335 double bottom and settled above an important retracement of the move down from $2477 today. These factors warn that the move down will fail to confirm a double top that had formed around $2474. They also suggest that gold is readopting a firm bullish outlook.