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Evening update for Gold -21-10-2025
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Evening update for Gold -21-10-2025
Oct 21, 2025 11:31 AM

The (Gold) price suffered sharp losses in its last intraday trading, breaking minor bullish trend line on the short-term basis, which led it to surpass the support of its EMA50, which put it under intensified negative pressure, especially with the emergence of the negative signals on the relative strength indicators, after reaching overbought levels previously, affected by reaching negative technical formation on the short-term basis, which is represented by the double top pattern

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