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Daily GOLD Forecast – 1.6.2022

Suggests an attempt to test the support area near the level of 1850. Further, the continuation of the growth of quotations with the target above the level of 1895. Cancellation of the option of raising the price of Gold will be a fall in the value of the asset in the markets and a breakdown of the level of 1835 This will indicate a breakdown of the support area for Gold. In this case, we should expect a continued decline in the price of Gold with a potential target below the level of 1795.