Jin10 Weekly Report: Gold Price Downside Target Points to 3760 to 3700 USD

深潮 TechFlow reported that on November 1, according to Jin10 Data, the Gold Investor Weekly said strong technical selling pressure on Friday weighed on gold prices, while gold fundamentals were actually improving.

The weekly report stated that, based on the cyclical supply-demand zone below current gold prices, the downside target for gold prices points to 3760 to 3700 USD.

Source: 深潮 TechFlow