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Gold is getting ready for a sharp rise -Analysis-04-06-2025
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Gold is getting ready for a sharp rise -Analysis-04-06-2025
Jun 3, 2025 8:51 PM

The (Gold) price declined in its last intraday trading, attempting to gain a positive momentum that might assist it to rise and attacking the key resistance at $3,365, amid the continuation of the dynamic support that is represented by its trading above its EMA50.

Gold moves within a minor bullish channels range that limited its previous trading on the short-term trading on the short-term on the short-term, accompanied by the gaining of a positive divergence on the (RSI), after reaching exaggerated oversold levels, with the beginning of the positive signals.

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