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Daily GOLD Forecast – 4.1.2024

The forecast and analysis of gold for January 4, 2024, anticipate an attempt to develop a price correction and test the support area near the level of 2050. Further, continued growth in non-ferrous metal quotations with a target above the level of 2155. The cancellation of the option for raising gold prices will result in a decline in the asset's value in the markets and a breakthrough of the 2015 level. This will indicate a further decline in the price of gold with a potential target below 1975.