Gold forecast for today: XAUUSD analysis 25.10.2024

Gold is trading in a short-term uptrend and is correcting downward. If the correction continues, the price may test the support (A) 2703 – 2697. Once this zone is tested, consider long trades again with the first target of 2728 and the second one of 2758.

If the price exceeds the October 23 high today, the next target within the trend will be the Gold Zone 2789 – 2784.

XAUUSD trading ideas for today:

Buy at support (A) 2703 – 2697.
TakeProfit: 2728, 2758.
StopLoss: 2686.

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