Gold forecast for today: XAUUSD analysis 30.03.2023

Gold continues trading in the range between the upper Target Zone 1997 – 1989 and support (B) 1949 – 1943. If the price breaks out the upper Target Zone, the uptrend will continue up to the Gold Zone 2033 – 2029.

If support (B) is broken out, the short-term trend will turn down. In this case, the downside target will be the lower Target Zone 1889 – 1877.

Today, it is relevant to hold up purchases entered at support (B) with a target at the high of March 24. If the trend reverses, be prepared to enter shorts.

XAUUSD trading ideas for today:

Hold up purchases entered at support (В) 1949 – 1943.
TakeProfit: 2008.
StopLoss:at breakeven.

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