Gold price forecast for today: XAUUSD analysis25.03.2022

The gold price rose and came close to the Target Zone 1974 – 1967. The trend remains up. A correction is developing at the moment. The test of the Additional Zone 1948 – 1946 serves as a possible correction target. After the AZ test, look for new purchases with a target at yesterday’s high.

If the Additional Zone is broken out, then the correction will continue in the Intermediary Zone 1930-1926. The IZ serves as the border of the short-term uptrend. It is also possible to search for purchases in the abovementioned IZ with the targets indicated above.

XAUUSD trading ideas for today:

Buy according to the pattern in Additional Zone 1948 – 1946.

TakeProfit: 1967.

StopLoss: according to the pattern rules.

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