Credit Suisse states that in order to alleviate pressure, the gold price forecast of $1,917.13 needs to surpass the 55-day moving average (DMA) at $1,934.

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XAUUSD Chart by TradingView

Gold is still trying to hold the $1,908/$1,892 key support cluster. Economists at Credit Suisse analyze XAU/USD technical outlook.

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