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Daily GOLD Forecast – 26.3.2024

After falling from the resistance zone, the market continues to move sideways. #GOLD has formed an inside formation on the daily timeframe. The price was rejected several times at the resistance level.

I expect the market to first move up to test the previous day's high, then move down if there is a fake breakout. Essentially, I anticipate the price to retest a fake breakout of the range zone and bearish movement depending on the strength of the price action.