Gold Price Forecast: XAU/USD is gathering strength for a sustained break above $2,000

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Gold Price Forecast: XAU/USD is gathering strength for a sustained break above $2,000
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Gold Price Forecast: XAU/USD is gathering strength for a sustained break above $2,000 Gold XAUUSD

“The immediate support foris now seen at the February high of $1,960, below which the psychological $1,950 level will be put to test.”

“On the flip side, Gold buyers need to take out the multi-month high at $1,991 in order to aim for the $2,000 threshold. Acceptance above the latter is critical to resuming the recent uptrend toward the $2,050 static support.” Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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