Gold's Key Zones: 2658-2661 Resistance and 2615-2609 Support

Gold is still oscillating within a triangular range, and the market is waiting for a breakout direction. If the price breaks above the 2658-2661 resistance zone, gold is expected to rise to around 2682, and may even touch the 2700-2710 range.

However, if the price breaks below the 2615-2609 support, the triangle consolidation may turn into a bearish continuation, with the target moving down to 2586. If no effective support is found during the decline, gold’s downside target could move towards 2568-2547.

Therefore, our primary focus should be on two key levels: the 2658-2661 resistance and the 2615-2609 support, so we can adjust our strategy accordingly upon a breakout or breakdown.