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Gold price forecast for today: XAUUSD analysis23.03.2022

Gold is in no hurry to grow and continue the short-term uptrend with the target in the Target Zone 1974 – 1967. Now the price is trading slightly above the trend key support of 1913 – 1910. To enter purchases look for a corresponding pattern.

To enter gold sales, traders need to break out level 1910 and consolidate the price below. In this case, the short-term trend will reverse down, so look for sales with a target in the lower Target Zone 1877 – 1870.

XAUUSD trading ideas for today:

Buy according to the pattern in Intermediary Zone 1913 – 1910.

TakeProfit: 1949.

StopLoss: according to the pattern rules.




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