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Daily GOLD Forecast – 8.12.2022

Suggests an attempt to develop a price correction and a test of the support area near the level of 1755. Further, the continued growth of non-ferrous metal quotes with a target above the level of 1875. Cancellation of the option to raise the price of Gold will be a fall in the value of the asset on the markets and a breakdown of the level of 1715. This will indicate a continued decline in the price of Gold with a potential target below the level of 1675.