Gold prices have found support at the 50-day EMA, suggesting a potential rebound after recent significant sell-offs.

The market remains bullish in the long term, supported by an uptrend line and ongoing geopolitical risks, as well as central bank accumulation. While the $2,400 level presents resistance, breaking above it could lead to further gains towards $2,475.

Investors are likely to view pullbacks as buying opportunities, indicating a gradual upward movement for gold.