Gold price today forecast a breakout above resistance could

A breakout above resistance could trigger momentum buying, supported by increased ETF inflows tracked by Bloomberg. Traders are closely watching Fed commentary for signals on rate cuts. President Trump is proposing holding and even adding to the government’s bitcoin store, a significant departure from the previous administration. Here's how the strategic bitcoin reserve would work. Recent survey data from the World Gold Council supports this view, Thomas adds. Some 95% of surveyed central banks expect global gold holdings to increase in the next 12 months, with none anticipating a decrease. Gold price today forecast finds liquidity clusters around $2,320 creating a range-bound market. Volatility indicators from CBOE suggest possible expansion in the next 48 hours, favoring breakout strategies.