Gold Futures Technical Analysis: Bearish Momentum Likely Unless Key Resistance is Broken Current Outlook: Gold futures have once again reached their all-time high (ATH). However, as long as the price remains below 2526, it is expected to stabilize within a bearish trend, potentially declining to 2516 and 2500. A drop below 2500 would likely extend the bearish trend further towards 2475.
On the other hand, a bullish trend may emerge if the price breaks above 2526 and a 4-hour candle closes above this level, setting the stage for a rise towards 2543.
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