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Forecast update for Gold -01-07-2026
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Forecast update for Gold -01-07-2026
Jul 1, 2026 5:31 AM

Gold witnessed limited gains on its last trading levels, with the emergence of positive overlapping signals from the relative strength indicators, after reaching oversold levels, and attempting to recover some previous losses, amid the dominance of the main bearish trend on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, which reduces the chances of full recovery in the upcoming near period.

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