Technical Update - Gold resuming uptrend, to 2,300? Silver tagging along, key resistance at 26

Gold and Fibonacci 
Diving deeper into Fibonacci analysis (sorry for getting a bit technical now going full Fibonacci nerdy - Fibonacci Extension coloured red and illustrated by the balck arrows).), the 0.236 extension aligns with the previous peak at 2,195, and the 0.382 extension is close to the 1.618 projection of the correction at 2,226.
The 0.618 Fibonacci extension suggests a potential target of 2,276 

The RSI's positive sentiment underpins the bullish trend, which could propel gold towards 2,300 in the medium term. Specific targets include the 0.786 extension at 2,311 and the 1.476 projection at 2,287 on the weekly chart.

To reverse this bullish outlook, gold would need to close below 2,146.

Silver (XAGUSD) is on an bullish trend, aiming for a substantial resistance area between 26.00 and 26.75. Despite this bullish movement, silver is trailing behind gold, and the current flatness of the RSI indicator does not provide a strong conviction for the trend's continuation. Investors should brace for a potential correction from around the 26.00 resistance level.

A daily close below 24.60 would challenge the bullish perspective, indicating a possible shift in the market sentiment or trend.

Conversely, a weekly close above the 26.00 mark would affirm a bullish medium-term trend for silver, suggesting further upside potential