Gold is breaking free from the downward trend and is now undergoing a price increase. Currently, the precious metal is trading around the $1968 - $1970 range, with a possible correction at $1,940/$1,950. If the price successfully establishes an upward momentum, gold could accelerate its rise towards the initial resistance level at $1,975/$1,980. Surpassing this ceiling could potentially create an opportunity for a price surge up to $2,000.
