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Daily GOLD Forecast – 18.3.2024

Based on the analysis of XAU/USD on the 1-hour chart, the market direction is unclear. Oscillators indicate neutrality but lean towards buying, while moving averages and pivot points signal a selling bias. Without a specific forecast for gold, it's crucial to monitor key support and resistance levels for market direction confirmation. The probability of decline is 60%, while the probability of growth is 40%.