Gold forecast for today: XAUUSD analysis 28.10.2024

Gold is still trying to continue its growth within the short-term uptrend. However, a correction to strong support levels has not occurred. Consequently, the price may exceed the October 23 high and rise further to the Gold Zone 2789 – 2784, or a correction to the support (A) 2703 – 2697 or support (B) 2675 – 2667 may emerge.

If the correction starts, consider opening trades at strong support levels. If the price remains above the support (A), the first bullish target will be 2728, and the second one will be 2758.

XAUUSD trading ideas for today:

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

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