5
Gold prices have shown weak movement since the morning, maintaining stability around the $2645.00 level. The bearish trend forecast remains unchanged for today, contingent on the price staying below $2670.00, further supported by the loss of positive momentum indicated by the stochastic. The initial target for the downside remains at $2600.00.
The expected trading range for today is between support at $2620.00 and resistance at $2657.00.
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Trend Forecast: Bearish
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