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Forecast update for Gold -04-07-2025
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Forecast update for Gold -04-07-2025
Jul 4, 2025 5:30 AM

Calm moves in (Gold) price in its last intraday trading, settled above the support level of $3,330, taking advantage of the positive pressure that comes from its trading above EMA50, amid its affection by its exit for bearish correctional channels range that limited its previous trading on the short-term basis, besides the emergence of the positive signals on the (RSI), after reaching oversold levels.

Due to low liquidity in global markets that comes from the Independence Day holiday in the United States, the same technical outlook from the morning analysis remains valid.

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