Gold prices are currently testing the bullish trend line, reinforcing the need to maintain support above $2615.00 to sustain the bullish trend scenario. A positive momentum is anticipated to push the price toward the next main targets at $2655.00 and $2710.00.
However, a break below the $2615.00 level could trigger an intraday bearish correction.
Expected Trading Range:
Support: $2625.00
Resistance: $2660.00
Trend Forecast: Bullish