Category: Forex News, News
Forecast update for Gold -28-10-2026
Gold edged slightly higher in its recent intraday trading, while remaining under negative pressure from trading below EMA50, which continues to act as dynamic resistance, reinforcing the likelihood that the short-term bearish trend will remain dominant, particularly as negative signals emerge from the relative strength indicators after reaching deeply overbought levels, increasing the likelihood of a near-term price decline.
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