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Forecast update for Gold -22-07-2025
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Forecast update for Gold -22-07-2025
Jul 22, 2025 5:55 AM

The price of (Gold) rose with difficulty on its last intraday trading, preparing to attack the main resistance level at $3,400, supported by its trading above EMA50, under the dominance of the bullish trend on the EMA50, and its trading alongside a minor bias line on the short-term basis, besides offloading its overbought conditions on the (RSI), to enter oversold levels, representing a strong sign for the weakness of the negative momentum and replace it by the bullish scenario where it opens the way for achieving more of the gains.

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