Key Levels and Current Trend Gold remains above the critical support of 2580, signaling potential for a rebound. Prices currently hover near the 2600 level. Buy Opportunity (2590–2630) Look to buy near the lower range of 2590–2630 with a $10 stop loss. Target the upper range at 2630. Short-Term Outlook A rebound to 2630–2650 is possible if support holds. However, the bearish trend remains intact below 2655, with the next downside target at 2555. Strategy Watch for daily close signals to confirm a reversal before entering additional positions. Manage positions cautiously during the US holiday season when market volatility may spike. Existing long positions at 2603–2599 can be held to capitalize on a potential corrective bounce.