GOLD 16.7.2024
General trend: conditional decline.
Expected scenario:
The pair is approaching a strong resistance area around $2450, and there the pair may fall, but on the condition that some negative signs appear, targeting 2420 - 2400.
Alternative scenario:
The pair continues its rise by breaking $2450, targeting 2480-2500
The most important levels
resistance:
2450 - 2480
support:
2420 - 2400
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