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Daily GOLD Forecast – 12.10.2023

The price aligns seamlessly with my previous notion. The price has attained the robust resistance region at 1885. There has been a prior retreat from this level in the market. The price has generated a plausible false breach of the resistance on the 4-hour timeframe. I believe there's a likelihood of a pullback from the resistance due to the waning market momentum. The candles on the 4-hour timeframe are diminishing in size. I'm targeting a support level approximately at 1870.00.