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Gold February 2024 may be on a start of a new bearish trend after its breakout through this important support level

The price of Gold February 2024 in heading in the direction of 1999.5300. Despite the recent breakout through 2020.7000 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.

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