OANDA:XAUUSD   Gold Spot / U.S. Dollar
Welcome back to a fresh discussion on the gold price for the upcoming week.

In the past week, gold has witnessed an impressive surge, continuously climbing from $2035 to $2088 and maintaining a stable price around $2080 in the early hours of Monday.

Looking ahead and building a strategy along with forecasts for this week: A survey involving 14 analysts revealed that none of them predict a decline in the gold price in the near future. Among them, 11 analysts, accounting for 79%, remain optimistic about the prospects of gold, while 3 analysts, making up 21%, hold a neutral stance towards this precious metal.

Regarding today's gold price forecast: Gold has started to undergo a price correction and shows a slight downward trend under the pressure of profit-taking from investors, decreasing by 0.15% in a day. This price breakthrough may lead to gold being retested at key support levels, so investors need to exercise caution to avoid being swayed by the price.
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