According to Credit Suisse, the forecast for the price of gold is that it will test its previous record highs if it closes above the 55-day moving average at $1,962.

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XAUUSD Chart by TradingView

Gold is set to find a floor as analysts at Credit Suisse look for following the decline to their $1,900/1,890 target, for an eventual retest of the $2,063/2,075 record highs.

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