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Forecast update for Gold -20-08-2025
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Forecast update for Gold -20-08-2025
Aug 20, 2025 5:59 AM

The price of (Gold) rose in its last intraday trading, amid its trading within bearish correctional channels range on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, attempting to recover some of its previous losses, at the same time it succeeded in offloading its clear oversold conditions on the (RSI), with the emergence of the positive signals and reaching exaggerated overbought levels compared by the price move.

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