Forecasts for the upcoming week suggest a potential decline in gold prices. Predictions indicate that gold may reach around $2,889 on March 12 and $2,864 on March, with a slight rebound to $2,900 by March .
Technical analysis indicates that gold prices have experienced a slight decline recently, with spot gold falling by 0.1% to $2,892.00 per ounce.
Given these projections and technical insights, setting sell targets at $2,860 and $2,850 for the upcoming week aligns with the anticipated market trend. However, it’s essential to consider that gold’s long-term outlook remains bullish, with forecasts predicting prices could reach $3,265 in 2025 and $3,805 in 2026.
