Gold price technical analysis: Daily chart

If buyers fight back control, acceptance above the record high of $2,635 is critical to unleashing further upside toward the $2,650 psychological barrier. The next relevant resistance is seen at the $2,700 threshold.

Should the corrective downside gather traction, Gold price will likely test the previous day’s low of $2,613, below which the $2,600 threshold will come into play.

Further south, Gold sellers could target the September 20 low of $25,85

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