**Technical Analysis of Gold Prices** From a technical perspective, the overnight breakout of the $2448-2450 horizontal resistance level is seen as a new trigger point for bullish traders. In addition, the oscillators on the daily chart have also gained positive traction, further indicating that there is minimal resistance for gold prices to move upward. Therefore, there is a high probability that gold prices will then return to the vicinity of $2483-2484 to challenge the all-time high. This is followed by the psychological level of $2500, which, if decisively broken, will create conditions for the continuation of the upward trajectory. **Support and Resistance** On the other hand, the resistance breakout point of $2450-2448 now seems to protect the recent downtrend. After breaking through this resistance point, gold prices may fall back to the overnight swing lows around $2424-2423. The next relevant support level is around $2412-2410 before the $2400 round mark. **Trading suggestion** Today, you can consider going long on gold before $2460.00, Stop loss: $2457.00 Target: $2480.00; $2485.00