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Daily GOLD Forecast – 8.3.2024

Based on technical indicators, #XAUUSD shows a mixed sentiment. While some oscillators signal selling pressure, moving averages and pivot points suggest a bullish trend. With oscillators in neutral territory and moving averages indicating a buy, caution is advised. Confirmation from further price action is essential before considering positions. Probability favors a slight upward movement, but traders should await clearer signals.