19th Oct-2023 Gold update on 1H
Gold is currently undergoing a retesting of its most recent support level at 1946, and has encountered resistance, preventing it from breaching this crucial level. The precious metal appears to be poised for a potential ascent towards its optimistic price targets within the range of 1968 to 1976. Following this anticipated price movement, the next logical step in the analysis is to contemplate the retesting of its secondary resistance level.
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