Spot Gold Forecast [07-02-2025]

Gold lifetime high - Gold lifetime Low

Spot Gold 1st Hurdle can be seen at $2,892 (upper boundary of the ascending channel, all-time high) before $2,900 (round level). If gold manages to stabilize above $2,900 and confirms that level as support, then $3,000+++ (psychological level) can be seen as the next Hurdle.

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Spot Gold price touches the target $2700

bullion prices

Spot Gold price managed to touch our awaited target of $2700.00 and found good resistance there, waiting to gain positive momentum that pushes the price to continue moving within the bullish channel visible on the chart to gain additional gains that extend to $2718.00 as the next key station.

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