Gold prices initially increased on Monday but then pulled back, indicating market hesitation.

Gold prices initially increased on Monday but then pulled back, indicating market hesitation.
Gold prices initially increased on Monday but then pulled back, indicating market hesitation.

Current movements suggest profit taking after a strong rally, offering potential buying opportunities.

Support Level: The $2,675 level is identified as a key support and resistance point.

Bullish Outlook: Analysts expect gold prices to rise again, driven by lower interest rates and geopolitical factors.

Overall market conditions and technical analysis suggest that the current pullback is healthy and likely to be temporary, leading to renewed buying i

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