Gold prices are expected to rise during the trading week from March 10 to 14, 2025. A key signal supporting this growth is a rebound from the trend line on the RSI indicator. Another confirmation is the bounce off the lower boundary of the bullish channel.
A price drop below 2745 would invalidate the growth scenario, signaling a breakout of the bullish channel and a potential decline toward 2675.
In the short term, a bearish correction may occur, testing support near 2865, before a renewed push higher toward 3085. A breakout above 2965 will confirm the continuation of the uptrend.
If the price fails to hold and breaks 2745, expect further declines below 2675, negating the bullish outlook.