Gold price short term forecast in technical terms

In technical terms, the gold price short term forecast shows price coiling within a tight range, suggestive of an imminent volatility burst toward $2,365-$2, With that said, we are currently in ‘ overbought ’ territory according to the RSI and trade some distance from the trendline, suggesting that short-term retracements are possible if the uptrend wishes to continue. Bitcoin (BTC) Price Analysis: Bullish Technical Setup Points to $130K Target Gold price short term forecast indicates consolidation near $2,340, with volatility spikes likely around upcoming Fed minutes. Traders anticipate possible range trading before any decisive directional move.