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Daily GOLD Forecast – 7.2.2024 (Update)

The technical analysis for #GOLD on the 1-hour chart presents a mixed outlook. While some indicators signal a BUY sentiment, including momentum and certain moving averages, others suggest a SELL, notably pivot points. The Gold Forecast remains cautiously optimistic, emphasizing the importance of key support and resistance levels. Traders should exercise caution and consider risk management strategies amid uncertainty.