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Gold prices are exhibiting a bullish bias, gradually approaching the initial target of $2,745.00. The next target level is set at $2,765.00, reinforcing the bullish trend outlook for today. This positive momentum is supported by favorable signals from the stochastic indicator. However, the continuation of this upward trajectory is contingent upon maintaining price stability above $2,700.00.
The expected trading range for today is between the support level at $2,715.00 and the resistance level at $2,750.00.
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Trend Forecast: Bullish
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