Gold's near-term resistance at $2,060; eyes on $2,064 with stop-

Currently, gold is experiencing a rejection of its bullish trend from the $2,060 range, indicating a lower demand at this price level. Additionally, buyers seem reluctant to take risks above this level. However, in the long term, the outlook for gold demand appears more positive. It's anticipated that an upward rally could eventually break through this barrier, potentially driving prices to reach $2,064 in the initial wave. Regarding risk management, it is advisable to maintain a stop-loss level around $2,042.