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Gold price gets a positive push -Analysis-19-06-2025
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Gold price gets a positive push -Analysis-19-06-2025
Jun 18, 2025 9:08 PM

The (Gold) price rose in its last intraday trading, taking advantage of the support of Its EMA50, accompanied by its lean in a bullish correctional trend line on the short-term basis, reinforcing the strength of the bullish rebound and provides extra support for the recovery attempt.

Despite this rise there are negative signs coming from the (RSI) indicate the possibility of the current bullish momentum weakness, which might confine the ability of the price to resume its gains in the upcoming moves, unless it settles in strong bullish areas.

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