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Forecast update for Gold -16-06-2025
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Forecast update for Gold -16-06-2025
Jun 16, 2025 7:05 AM

The price of (Gold) rose trading in its last intraday trading, after its early decline which targets offloading overbought conditions, and that happened as we notice that it reached oversold levels, opening the way for achieving more of the gains, and it succeeded in gaining a positive momentum that assisted it to keep the bullish trend on the short-term basis, amid its trading alongside a bias line, taking advantage from the dynamic support that is represented by its trading above the EMA50.

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