GOLD - CONSOLIDATION BETWEEN 2,585 & 2,531

The price fell according to our last analysis.


The overall trend remains bearish, fluctuating between 2,585 and 2,531. We are waiting for the price to break through one of these levels to confirm the trend direction. For today, the price is likely to decline further toward 2,531; however, a brief correction may occur before the bearish trend resumes.

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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