GOLD: forecast for Oct 4 - Oct 8
GOLD moves smoothly in a downtrend channel , the resistance line of which is unlikely to allow a recovery in prices.
The technical picture for the instrument continues to point to further downside potential, with the yellow metal expected to decline further as the Fed begins its tightening cycle.
The technical picture for the instrument continues to point to further downside potential, with the yellow metal expected to decline further as the Fed begins its tightening cycle.
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