Gold strengthens as the probability of an economic recession increases
Examining the trend in the four-hour time frame, gold has an important support interval in the range of 2545-2530, and now, due to the recent rise, a price correction is needed.
In general, this scenario is reinforced that gold can rise to the resistance range of 2623-2611 after correcting the price towards the important support range in the range of 2545-2530.
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