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Weekly GOLD Forecast – (9.10.2023 – 13.10.2023)

Envisages an endeavor to instigate a descent and assess the support threshold around the 1825 range. Subsequently, a sustained upturn in Gold valuations with an objective surpassing the 2035 level. An examination of the trendline on the relative strength index (RSI) would favor an ascent in quotations. The nullification of the growth prospect for Gold would entail a drop and a breach of the 1785 level. This would signify an ongoing dip in quotations towards the region beneath the 1735 level.