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Gold Trades Sideways Above 4700

Gold Trades Sideways Above 4700

Gold against the US dollar is trading within a sideways range during today’s session, holding above the pivot level of 4700, reflecting balanced market sentiment with a positive bias.
If the upward movement continues, gold is expected to target 4730 followed by 4770.
Alternatively, in case of a downside correction, the price may decline toward 4660 and then 4640.
The bullish outlook remains valid as long as trading stays above 4700, supporting a potential move toward 4730.

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