GOLD -Attempting to cross BREAKOUT

The price fell according to our last analysis.

The overall trend remains downward, having recently reversed from the breakout level of 2531. Today, the price will likely attempt to breach this significant level; if successful, it may initiate the next bearish phase, with 2506 and 2473 as achievable targets.

An upward movement could continue until it reaches 2566, with 2585 as a subsequent level above.

Tendency Keys: 2531
Chart PatternsHarmonic PatternsTrend Analysis

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