Forecast update for Gold -31-07-2025-August 2024-www.financetom.com

Forecast update for Gold -31-07-2025

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Forecast update for Gold -31-07-2025

Jul 31, 2025 4:47 AM

The price of (Gold) declined on its last intraday trading, after retesting the key resistance at $3,310, putting it under the negative pressure due to the stability of the resistance, especially if it succeeded in offloading its oversold conditions on the (RSI), opening the way for recording more of the losses, amid its trading alongside a bearish trend line, with the continuation of the negative pressure that comes from its trading below EMA50, increasing the negative pressures around it.

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