Gold price forecast analysis according to gold price forecast

According to gold price forecast analysis, the Asian session saw stable pricing as Shanghai Gold Exchange premiums remain elevated. A strong domestic demand in China continues to underpin global bullion trends despite seasonal fluctuations. Institutional ownership in Western Copper and Gold is 26% For gold bulls, current price action on the daily chart is nothing short of picture-perfect. Analysts note hedge funds increasing net long positions amid concerns about slowing global growth.