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2025-09-16 13:03:15
【Technical Analysis: Spot gold may climb to the range of $3706 to $3709】 1. From a technical perspective, driven by wave (5), spot gold may climb to the range of $3,706 to $3,709 per ounce. 2. Based on the depth of the previous wave (4), the price of gold may rise to $3706. Forecasting the upward trend from $3312, the higher target is $3739. 3. The support level is $3,668. A break below this level may cause the price to fall to the range of $3631 to $3651. On the daily chart, forecasting the upward trend since $3264, it can be found that the target range is $3701 to $3779, which is composed of the 138.2% and 161.8% forecast levels.
