Gold Price Analysis: Potential for Upside Momentum Amid Geopolitical Factors

GOLD

Chartist Trader

7/15/20241 min read

With the Gold price currently at a critical juncture, a pullback is anticipated before it potentially moves higher towards 2444.99, representing the Fibonacci golden ratio of 161.8. Upon reaching this level, further developments are expected, driven by geopolitical factors that could lead to the possibility of achieving an all-time high price.