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Daily GOLD Forecast – 5.1.2023

Suggests an attempt to develop a price correction and a test of the support area near the level of 1835. Further, the continued growth of non-ferrous metal quotes with a target above the level of 1965. Cancellation of the growth option for Gold prices will be a fall in the value of the asset on the markets and a breakdown of the level of 1795. This will indicate a continued decline in the price of Gold with a potential target below the level of 1735.