Gold forecast for today: XAUUSD analysis 25.04.2023

Gold is still trading in the short-term uptrend. The gold traders tried to break out support (B) 1986 – 1980, but the zone has been held up. Therefore, one could enter purchases today. The first upside target is the high of April 20, the second target is the high of April 13.

It will be relevant to sell when the trend turns down via the breakout of the low of April 19 and consolidation below.

XAUUSD trading ideas for today:

Buy according to the pattern at support (В) 1986 – 1980.
TakeProfit: 2047.
StopLoss: according to the pattern rules.

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