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Forecast update for Gold -28-07-2026
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Forecast update for Gold -28-07-2026
Jul 28, 2026 4:57 AM

Gold prices deepened its losses during their latest intraday trading, breaking a bullish corrective trend line on the short-term basis, accompanied by surpassing EMA50s support, intensifying the negative pressures and suggesting more losses in the near upcoming period, especially with the emergence of the negative signals from the relative strength indicators, despite reaching oversold levels.

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