Gold futures bullish above $3,024, bearish below $3,019.3

Gold futures are currently trading at $3,026. Analysts have a bullish outlook for gold as long as the price remains above $3,024. This level is important as it shows that gold is above key price points from today and recent trading days. If the price stays above $3,024, traders may look for upside targets. Significant levels to watch include $3,028.7, $3,030.3, and $3,034.7. These points could be areas for profit-taking or adding to positions if the price continues to rise. On the other hand, a bearish trend could start if gold falls below $3,019.3. This level includes important support zones that, if broken, could lead to further declines. Key support levels to watch in a bearish scenario include $3,016.5 and $3,004.6. In summary, the analysis provides guidance for trading decisions today. A bullish stance is suggested above $3,024, while a bearish outlook will take shape if the price drops below $3,018.3. Traders should monitor these critical levels to manage their investments effectively.