Forecast update for Gold -16-07-2025-August 2024-www.financetom.com

Forecast update for Gold -16-07-2025

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Forecast update for Gold -16-07-2025

Jul 16, 2025 5:47 AM

The price of (Gold) declined in its last intraday trading, attempting to gain a bullish momentum that might assist it to rise again, taking advantage of the dynamic support that is represented by its trading above EMA50, and under the dominance of the main bullish trend and its trading alongside a minor bias line on the short-term basis, besides the emergence of the positive signals on the (RSI), after reaching oversold areas.

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