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Forecast update for Gold -06-08-2025
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Forecast update for Gold -06-08-2025
Aug 6, 2025 6:59 AM

The price of (Gold) settled with sharp decline on its last intraday trading, due to the stability of the resistance level at $3,375, with the emergence of the negative signals on the (RSI), attempting to gain positive momentum that might assist it to breach the resistance, amid the dominance of strong bullish wave on the short-term basis, with the continuation of the positive support that comes from its trading above EMA50, reinforcing the stability of the positive scenario.

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