The intraday chart shows that spot Gold price has almost tested the ascending triangle target, measured at $3,088.
XAU/USD forecast for short-term trading
Spot Gold Short-Term Technical Forecast [11 March 2025]
Gold (XAU/USD) Price Forecast: From a technical perspective, the intraday chart for gold shows that the yellow metal now remains below the flat 20 simple moving average (SMA), which offers dynamic resistance around $2,907.