Gold's Short-Term Correction: Targets at 2341 and 2360

Following the realization of priced-in geopolitical risks, the yellow metal has initiated a short-term corrective move. Economic data, along with developments regarding these risks, will be crucial. In the short term, gold found support around the 2300 level and managed to break above the 2315 resistance, turning it into a support level. Maintaining levels above this mark may lead to retesting levels at 2341 and 2360. However, if it falls back below 2288, the 2255 correction level becomes the initial target.