Gold price mid-term forecast, XAUUSD - $1235 ~ $1320 - Commodity Trading Today

There are many opinions about gold prices. Gold prices are in a downward trend and are in the process of preparing for another decline. As of now, gold prices are trapped between strong support lines and resistance lines. Gold prices are likely to move between $ 1235 and $ 1320 for a while.

The world is becoming increasingly unstable. Experts say gold is entering a new upward trend. Many investors seem to think so. We can not see the future. However, it seems not yet.

[Gold prices weekly chart, XAUUSD]
Gold price mid-term forecast, XAUUSD - $1235 ~ $1320