Gold Price Forecast — April 16, 2025: Can Bulls Defend the $3,245 Pivot Amid Economic Data & Geopolitical Tensions?
Gold Market Forecast — April 16, 2025 Gold opened today’s session with elevated volatility as investors remain on edge ahead of key economic releases and escalating geopolitical tensions. With both bulls and bears testing their conviction, the $3,245 pivot level stands as the line in the sand — and will likely dictate the market’s tone throughout the session. 🔔 Macro Watch: Key Data & Global Risk Events Traders are monitoring a series of economic reports, including U.S. inflation figures and global retail sales data. Additionally, mounting geopolitical concerns in Eastern Europe and the Middle East are intensifying safe-haven flows. These macro drivers could inject sharp intraday moves in either direction, rewarding nimble strategies. 📈 Intraday Gold Trading Scenarios — April 16, 2025 ✅ Bullish Setup Buy Above: $3,245 Targets: $3,300 and $3,325 Technical Insight: A breakout above $3,245 suggests continuation of bullish momentum. The RSI shows rising streng...