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Forecast update for Gold -01-08-2025
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Forecast update for Gold -01-08-2025
Aug 1, 2025 6:48 AM

The price of (Gold) rose on its last intraday trading, due to the stability of the key support at $3,285, which assisted it to gain the positive momentum to achieve strong gains on the intraday level, due to the emergence of the positive signals on the (RSI), after reaching oversold levels, reinforcing the chances for achieving more of the gains on the near-term basis, despite the continuation of the negative pressures that comes from its trading below EMA50, which might confines any attempts for recovery.

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