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Daily GOLD Forecast – 14.2.2024

Based on technical analysis, GOLD shows mixed signals. Oscillators suggest a slight buying sentiment, mainly driven by MACD Level and Momentum, while the Commodity Channel Index indicates selling pressure. Moving averages signal short to medium-term buying but long-term selling. Pivot points consistently indicate a bearish bias. Without a specific gold forecast, caution is advised. The likelihood of a decline appears higher than an increase.