📈 Expected Scenarios:

1. Downward Scenario:

If the level of 2,270 is broken and remains below it, gold will target the level of 2,240 then 2,200.

Continued downward trend is the likely scenario as long as the price remains below 2,300.

2. Upward Scenario (Rebound):

If gold holds above 2,270 and rises, it may return to test the resistance at 2,300 – 2,320.

Exceeding 2,350 means a short-term trend change to upward.

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