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Current price: 2321
Key point: 2314
Our preferred direction: Buy positions above 2314 levels with 2353 as the first target and then 2387 as the second target.
Alternative scenario: Stop loss and change the trend by breaking the 2314 level, targeting the 2287 levels.
Technical commentary
The price reached the support levels of 2315 with the lower limit of the ascending price channel, so it is expected that gold will rise to the levels of 2355.
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