The gold price exhibits an upward tendency, approaching the initial pivotal resistance at 2344. A resumption of negative trading is anticipated to break the 2327 level, subsequently driving the price towards our negative targets, starting at 2303 and extending to 2279.

It is important to note that breaching the 2344 level, followed by 2369, will halt the downward corrective trend and reestablish the primary upward trend.

Chart PatternsHarmonic PatternsTrend Analysis

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