The price declined to approximately 2303 before reversing to 2327. While the gold price shows a tendency to fall, confirmation of this downward trend requires breaking through the strong zone situated between 2303 and 2393, as indicated by the closing of a 4-hour candle. Should this occur, the price is anticipated to reach levels of 2282 and 2260. However, this zone appears to be exerting upward pressure on the price towards the resistance level of 2327. Should the price maintain a position above this level, it is likely to ascend to 2344.
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The price of gold has increased and reached its target, continuing its advance toward the next target of 2344. As long as it trades above 2327, it is expected to continue rising toward 2344. However, caution is advised, as it may fall from 2333 to 2327 for a correction before resuming its upward trend.
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