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Evening update for Gold -16-06-2025
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Evening update for Gold -16-06-2025
Jun 16, 2025 11:05 AM

The (Gold) rose in its last trading on the intraday trading, after a bearish journey for to look for a higher low to take it as a base to assist it to gain the required positive momentum to recover, which makes the (RSI) indicators reach to oversold levels, suggesting the beginning of forming a positive divergence, which will support the price recovery, amid the continuation of the dynamic pressure due to its trading above EMA50.

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