Gold Eyes 2351 Support After Failing to Break Higher

For the XAU/USD pair, following its failure to maintain levels above its recent high and breaking below the triangle formation, the price of 2351 emerges as crucial. If it continues to drop below this point, the next target could be 2341, which corresponds to the 4-hour 200-period moving average, followed by 2330. If the decline extends, the price might further test the 2320 level. Conversely, on the upward trajectory, the key levels to monitor are 2369 and 2397.