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Global gold prices may see a brief dip, but they are expected to remain stable around the $2,500/ounce mark, signaling that the bullish trend could continue. Currently, gold is trading within a narrow range, close to its all-time high, without any major signs of a significant downturn.
The current market conditions don’t support a bearish outlook for gold. The short-term support zone between $2,470 and $2,485/ounce aligns with previous key levels, reinforcing the upward trend that has been in place since February.
For optimistic investors, the next target is to break through the August high of $2,531/ounce, with an eye on reaching $2,600/ounce in the near future. Get ready to seize this upward momentum!
The current market conditions don’t support a bearish outlook for gold. The short-term support zone between $2,470 and $2,485/ounce aligns with previous key levels, reinforcing the upward trend that has been in place since February.
For optimistic investors, the next target is to break through the August high of $2,531/ounce, with an eye on reaching $2,600/ounce in the near future. Get ready to seize this upward momentum!
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