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Forecast update for gold-02-06-2025
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Forecast update for gold-02-06-2025
Jun 2, 2025 4:48 AM

The price of (gold) witnessed clear gains in its recent intraday trading, taking advantage of the dynamic support that is represented by its trading above its EMA50, with the emergence of the positive signals on the (RSI), despite reaching overbought levels, to attack its current resistance at $3,655, amid its move with a minor bullish channel's range that limits its previous trading on the short-term basis.

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