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Daily GOLD Forecast – 29.2.2024

Based on technical analysis, GOLD shows mixed signals. While oscillators indicate neutrality with some sell signals, moving averages lean towards buying. Pivot points suggest a neutral to bearish sentiment. The gold forecast hints at a potential decline, although a breakout above 2065 could indicate an upward trend. There's a 60% probability of a price decrease. Traders should remain cautious and monitor key levels for confirmation.

 

READ: Detailed Technical GOLD Analysis – 29.2.2024