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Daily GOLD Forecast – 13.10.2023

Implies an effort to initiate a price adjustment and evaluate the resistance zone in proximity to the 1885 level. Furthermore, a persistent decline in the quotes of the non-ferrous metal, targeting a level beneath 1805. The annulment of the prospect of price reduction for Gold would translate into a robust surge in the asset's value within the markets and a breach of the 1905 level. This would signal an ongoing upswing in the Gold price, with a potential objective surpassing the 1945 level.