Gold continues to exhibit a downward trend, with potential targets at 2290 and 2278. A further decline below 2278 could initiate a new bearish phase, targeting 2260. Conversely, a breakthrough above 2307 would confirm a bullish trend, suggesting potential upward movement towards 2327 should prices stabilize above this level.
Additionally, today's Non-Farm Payroll (NFP) data is likely to impact market dynamics significantly.
Pivot Price: 2302
Resistance Levels: 2315, 2327, 2342
Support Levels: 2290, 2278, 2260
Today's anticipated trading range is between the support level at 2260 and the resistance level at 2327.
Additionally, today's Non-Farm Payroll (NFP) data is likely to impact market dynamics significantly.
Pivot Price: 2302
Resistance Levels: 2315, 2327, 2342
Support Levels: 2290, 2278, 2260
Today's anticipated trading range is between the support level at 2260 and the resistance level at 2327.
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~6 analyses per day. With a clear entry point
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SM World and Economy News 24/7
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