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Daily GOLD Forecast – 9.2.2024

The price has consistently followed my previous analysis. The market experienced a significant decline and reached the profit-taking level. XAUUSD has returned to the price range zone, indicating a likely correction.
I anticipate the market will remain within the price range zone, despite observing higher price swings. Overall, I expect a volatile market due to strong rejection at upper levels and a notable rise from the support level. My target point is the previous resistance area around 2042.600, if the market rejects support with a false breakout.