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End of day gold price forecast update - 23-05-2024
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End of day gold price forecast update - 23-05-2024
May 23, 2024 11:43 AM

Gold price succeeded to touch our waited target at 2340.00$ and presses negatively on it, to hint heading to achieve more bearish correction and pave the way to target 2272.06$ on the near-term basis, taking into consideration that the consolidation of 2340.00$ level against the current negative pressure will lead the price to start recovery attempts and build bullish wave that its targets begin at 2390.00$ followed by 2430.00$.

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