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December 9, 2024

Gold Prices Consolidate While WTI Crude Oil Faces Ongoing Challenges

In the latest hourly analysis of gold prices at FXOpen, the commodity has found support near the $2,610 level, establishing a bullish zone that hints at recovery potential. Prices have started moving above $2,620, signaling a possible upward trend. However, market participants should remain vigilant of external factors that could impact both gold and WTI crude oil as conditions evolve in the upcoming days.

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