Gold price today continues to be forecast to increaseBrian greets everyone, let's discuss the gold price forecast for next week from 03/31/2025 - 04/04/2025.
Global Situation:
Last week, the market witnessed intense volatility in gold prices as it continuously broke previous highs to establish new records. The precious metal closed the final trading session at a new all-time high of $3,085 per ounce, approximately $60 higher than the previous week's closing.
In the Wall Street survey, 20 analysts participated, with 85% forecasting continued upward movement in gold prices, only 5% predicting a decline, and the remaining 10% expecting sideways movement.
Similarly, in the Main Street online survey, 202 investors responded, with 64% anticipating further price increases, just 19% expecting prices to cool down, and the remainder predicting sideways movement.
Analysis:
Gold prices are rising, with early April expected to see a breakthrough to NEW all-time highs.
Forecast:
Strong buying demand persists from central banks, Chinese consumers, and North American investors - particularly from the US, where potential remains untapped.
Additionally, concerns about tariffs and inflation will drive investors toward gold as a safe haven. Gold prices could potentially reach $3,200 or $3,300 if tariff measures are implemented.
Technical Analysis:
Based on gold's resistance and support zones on the H4 timeframe, Brian identifies these key areas:
Resistance: $3100, $3132, $3150
Support: $3070, $3050
IMPORTANT NOTES:
Note: Brian emphasizes proper capital management for traders:
Use appropriate lot sizes based on your capital
Take profits at 4-6% of account balance
Set stop losses at 2-3% of account balance
The winner is the one who stays in the market the longest.
