Gold Analysis: Bullish Trend, Targets $2375, $2390, $2430

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Gold Movement Analysis
Date of Analysis: 10th July 2024

Key Levels:
Previous High: $2371
Previous Low: $2351
Current Trading Level: $2368
Buy Zone: $2355-$2360
Target Ranges: $2375, $2390, $2430
Current Situation:
In the analysis on 9th July, we anticipated a bullish move in gold, targeting $2380. However, gold reached $2371 before experiencing a significant drop to $2351. It has since bounced back to $2368.

Expected Movement:
Today's analysis suggests another bullish move. We recommend buying in the $2355-$2360 range, with expected targets at $2375, $2390, and $2430.

Conclusion:
Gold has rebounded to $2368 after a drop to $2351. We expect a bullish trend to resume from the buy zone of $2355-$2360, with potential targets of $2375, $2390, and $2430.






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