Gold forecast tomorrow technical analysis and stock market signals 2024-2025 By Francesco Massetti Posted on 22 November 2024 Condividi su Facebook Condividi su Twitter Condiviso su Google+ Condiviso su Pinterest Condiviso su Linkedin Condiviso su Tumblr Gold Stock Signals 2025 Gold Tomorrow Forecast and Trading Signals Gold price forecasts today and in the medium and long term, with trend analysis and trading signals using the WD Gann technique. Gold chart last 2 years with technical framework Weekly gold Short-Term Gold Price Forecast Gold price dynamics in the short term has evolved within a bullish channel generated by the ascending 1X4 angles drawn in purple on the picture above. Since the expiry of the Minimum Square in the week of 13 September, the short-term bullish phase has accelerated strongly: the quotations from $2,485 went, in the following Set Up weekly on 27 September, to $2,685, reaching the upper vector of the ascending corridor. The subsequent bullish break-up of the weekly Set Up on 11 October pushed Gold prices to the static resistance of the Octave at $2,790, just above the channel. But the bearish break of the Minimum Square, in the week of 08 November, decreed the start of a new bearish action: the value of Gold went from a high at $2,790 to a low, reached last week, at $2,536 on the median line of the channel. The week of 29 November coincides with an important time signal. The trend remains negative with subsequent supports in the area of $2,550-2,520. Prices above 2,755$ will establish a new negative lateral phase: resistances in the area 2,660$; 2,720$. Gold price trend in the medium term Monthly gold The medium-term uptrend came to a halt in the monthly set-up month of November 2024. Since the time signal of October 2023, in which prices had realised a bullish out-side, the Gold market has always been in a positive trend until the partial ascending corridor was reached. The stock market signals on the Gold market coincide with the months of November – December 2024. Currently, the medium-term trend has turned negative with prices reaching $2,593. The quotations first reached the 1X2 angular support, but in a second time they made an initial rally reaching the 1X1 angle in the area of $2,634. The negative trend will have to be confirmed again next December. Only a return above $2,800 would reposition the Gold trend back into a new upward phase. Resistance in the 2,760 area; 2,890. Supports in the $2,530 area; $2,480-60. Quarterly Gold Technical Analysis Quarterly gold The long-term trend remains positive. In this fourth quarter, Gold reached the time-price target indicated by the red vector in the picture, at $2,790. The next time signal coincides in this last quarter of 2024. The violation of this quarter’s low in the first three months of next year will indicate a pause in the bullish trend also in the long term. Supports in the area of $2,380; $2,360. Resistance in the $2,870 area. Gold price forecasts are described using the WD Gann technique and with the help of the Top Trader(c) stock market software.
