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Forecast update for Gold -11-08-2025
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Forecast update for Gold -11-08-2025
Aug 12, 2025 5:06 AM

The price of (Gold) surrendered to the negative pressures in its last intraday trading, amid the continuation of the negative pressure that comes from its trading below EMA50, affected by breaking minor bullish trend line on the short-term basis. The precious metal succeeded in offloading some of its clear oversold conditions on the (RSI), opening the way for recording more of the losses on a near-term basis.

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