-Resistance and Price Reaction: When XAUUSD approached the resistance zone at 2480, there was a strong selling reaction. This indicates that selling pressure has significantly increased, and the sellers are currently dominating the market.
-Current Trading Range: At present, gold is trading within a narrow range of 2437 to 2470. If the price breaks out of this range, the likely scenario is a continued decline, with key targets at 2408 and 2387.
-Current Trading Range: At present, gold is trading within a narrow range of 2437 to 2470. If the price breaks out of this range, the likely scenario is a continued decline, with key targets at 2408 and 2387.
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