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Gold prices have shown subdued trading since the morning, maintaining levels above $2400.00. This affirms our expectation of a continued bullish trend for today, targeting $2450.00 as the next significant level. Support is bolstered by the EMA50, providing upward momentum from below. It remains crucial for the price to maintain above $2392.00 to sustain the anticipated upward movement.
The expected trading range for today is anticipated between support at $2395.00 and resistance at $2435.00.
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Trend Forecast: Bullish
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