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Forecast update for Gold -28-07-2025
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Forecast update for Gold -28-07-2025
Jul 28, 2025 6:43 AM

The price of (Gold) declined on its last intraday trading, to erase its early gains that have been achieved by the support of the positive signals on the (RSI), to offload the oversold conditions and reach exaggerated overbought levels, which suggest ending the positive momentum on the intraday basis, especially with the continuation of the negative pressure that comes from its trading below EMA50, affected by surpassing the bullish channels range that limited the previous trading on the short-term basis.

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