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Forecast update for Gold -22-05-2025
The price of (Gold) declined in its recent intraday trading, looking for a rising bottom to take it as a base that might assist it to gain the required positive momentum to recover, especially with the emergence of the negative signals on the (RSI), after reaching overbought levels previously, to lean on the psychological support level at $3,300, amid its trading alongside a minor bullish bias on the short-term basis.
Forecast update for EURUSD -22-05-2025
The price of (EURUSD) declined in its recent intraday trading, with the emergence of the negative signals on the (RSI), after reaching overbought levels, attempting to gather positive momentum that assists it to recover and rise again, amid its trading alongside a minor bullish bias line on the short-term basis.
MoreThe EURNZD keeps the positivity– Forecast today – 22-5-2025
The EURNZD confirmed the continuation of the bullish scenario by its repeated stability within the bullish channel’s levels, besides its rally to the upside towards 1.9120 taking advantage of the extra support at 1.8910.
MoreNatural gas price awaits to surpass the barrier– Forecast today – 22-5-2025
Natural gas price failed to resume the bullish attack, as it faces an extra barrier at $3.850, which forces it to form sideways trading by its stability near $3.750, noting that the stability of the moving average 55 near the initial support at $3.600 and the continuation of providing positive momentum, these factors make us keep the bullish suggestion, to expect breaching the barrier and begin recording new gains by its rally towards $3.950 and $4.150.
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