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Gold Price Forecast – April 16, 2025

Gold prices continued their upward momentum in the latest intraday trading, influenced by a short-term flag pattern. The price successfully breached the key resistance level at $3,300, supported by the dominance of the broader bullish trend.

The market’s movement alongside a minor trend line further emphasizes the strength of this positive momentum, suggesting continued upward potential in the near term.

Trend Forecast: Bullish

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