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Forecast update for Gold -18-07-2025
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Forecast update for Gold -18-07-2025
Jul 18, 2025 5:50 AM

The price of (Gold) soars high in its last intraday trading, affected by a positive push after its lean on the support of its EMA50, providing positive momentum that assisted it to achieve the strong gains, amid the dominance of the main bullish trend and its trading alongside a minor bias line on the short-term basis, on the other hand, we notice the emergence of negative overlapping signals on the (RSI), after reaching overbought levels, which might decelerate the upside track especially when reaching near critical resistance.

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