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Gold prices have shown limited movement since the start of the trading day, continuing to fluctuate near the key bullish trend line. The outlook remains positive, with the expectation that gold will initiate an upward wave, targeting $2,645.00 as the next significant resistance level.
A break above $2,613.00 would support the bullish scenario and facilitate the path toward the target. However, should prices fall below $2,600.00, the bullish trend would be invalidated, shifting the market sentiment toward negative pressure.
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The anticipated trading range for today is between support at $2,595.00 and resistance at $2,635.00.
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Trend Forecast: Bullish
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