According to the analysis by the Mallicast team, we continue to foresee a bullish trend for gold. Despite the release of the significant NFP (Non-Farm Payroll) report over the weekend, this report has not altered our analysis or predictions, as the price of gold is directly influenced by economic and political news. As a result, no significant changes are observed in the upward trend, and our team continues to evaluate and emphasize the price target of $2716 for gold. This analysis is based on the current market conditions and macroeconomic factors, and it is expected that gold will remain on its upward trajectory.
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