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When you configure a default storage location, you control the location of your new observability buckets.
When you configure a default storage location, you control the location of your new observability buckets. These buckets store your trace data.
You can set a default storage location for an organization, a folder, or a project. When set for an organization or folder, the setting applies to that resource and to its descendants. For more information, see Set defaults for observability buckets.