Throughout the morning, the price of gold has remained relatively stable, hovering around the $2325.90 mark. The correctional bearish trend persists as long as the price stays below both this level and $2338.10.
The trend aims to reach $2260.60 next. It's important to note that breaking above the mentioned resistance would signal a potential recovery and a return to the primary bullish trajectory.
Expected Trend
Today's expected trading range spans from the support level at 2295.00 to the resistance level at 2335.00.
The expected trend for today is bearish.
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