Gold $2335: Next 2363 or $2272..?

*Gold Daily Technical Report*

Gold shows some bullish trades reaching $2335 as price action maintains stability above local demand zone $2326

If $2338-$2343 resistance zone attracts sellers, expect return to bearish channel exposing $2326 followed by horizontal demand zone $2310-$2306

If this area is breached, decline is likely to gain momentum turning focus on psychological handle $2300 as next critical downside awaits at $2272 followed by $2262

Here, it is important to note that strong break above $2338-$2343 overhead resistance will call for extended rally to reach $2363-$2368