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PREDICTION OF GOLD IN THE WEEK AND NEXT WEEK

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold price extended its uptrend for the second straight day on Wednesday and hit a three-week high of $2,390 after data revealed by the US Bureau of Labor Statistics showed inflation is ebbing, increasing the odds for a Federal Reserve rate cut in 2024.
Comment:
gold broke the resistance and achieved a new ATH because of news about the death of the President of Iran.

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