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Forecast update for Gold -08-07-2026
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Forecast update for Gold -08-07-2026
Jul 8, 2026 6:33 AM

Gold slipped lower in its last intraday trading, amid dominance of the main bearish trend on the short-term basis, with its trading alongside supportive minor trend line for this trend, surpassing EMA50s support, intensifying the likelihoods of extending these losses in the near upcoming period, especially with the emergence of the negative signals from the relative strength indicators, despite reaching oversold levels.

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