Gold Breaks Key Support, Here Is The Target

Gold Breaks Key Support, Here Is The Target

Published At: Jul 26, 2025 by Gareth Soloway
Gold Breaks Key Support, Here Is The Target

The commodity gold broke a key support trend line that starts in late 2024. This signals further downside is likely in the near-term on gold, possibly to $3,150, even $3,000.

While the longer-term bullish trend is intact, the near-term bias has now flipped to the downside. Note the chart above.

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