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Evening update for gold-09-06-2026
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Evening update for gold-09-06-2026
Jun 9, 2026 10:38 AM

Gold prices experienced a free fall during recent intraday trading, to break $4,300 support, amid the continuation of the negative pressure that comes from its trading below EMA50, with the dominance of the main bearish trend on the short-term basis, on the other hand, we notice the negative signals from the relative strength indicators after forming negative divergence that followed reaching overbought levels exaggeratedly compared to the price move.

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