*What Should Be Ideal Trading POSITION in GOLD*
In terms of major levels to watch, resistance looms at $2,050. On further strength, the focus shifts to May’s peak near $2,075. Previous attempts to breach this barrier on a sustained basis have been unsuccessful, so history could repeat itself on a retest. However, if a decisive breakout materializes, a rally toward the 2023 swing high becomes a realistic prospect.
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