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End of day gold price forecast update - 30-05-2024
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End of day gold price forecast update - 30-05-2024
May 30, 2024 11:49 AM

Gold price achieved initial breach to the first resistance line at 2340.10$ and settles above it, which urges caution from the upcoming trading, as continuing the rise and breaching 2360.00$ will lead the price to return to the main bullish track again, while the price needs to trade below 2340.10$ again to reactivate the correctional bearish trend scenario that its next target located at 2272.06$.

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