If the price fails to break through the initial resistance levels and instead declines, it may find support near the $1,915-$1,918 range. Further downside movement could lead to a test of the $1,882-$1,894 support zone. Overall, the technical outlook suggests that the gold price may face near-term resistance.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.