GOLD Technical Analysis

For Gold to continue its bearish trend, it should remain below 2695 and 2707, aiming to break 2677 to move downward toward 2644.

However, if a 4-hour candle closes above 2708, it may trigger a bullish move toward 2739.

Currently, consolidation between 2677 and 2706 is possible until a breakout occurs.

Key Levels:
Pivot Point: 2695
Resistance Levels: 2706, 2720, 2739
Support Levels: 2677, 2660, 2644
Supply and DemandSupport and ResistanceTrend Analysis

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