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Forecast update for gold -24-10-2025.
The price of (gold) declined in its last intraday trading, amid the emergence of the relative strength indicators, leaning onto the key support level at $4,050, which was our suggested target in our previous analysis, amid the continuation of the negative pressure that comes from its trading below EMA50, and under bearish corrective wave on a short-term basis.
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Forecast update for EURUSD -24-10-2025.
The price of (EURUSD) witnessed fluctuated trading on its last intraday levels, amid the continuation of the negative pressure that comes from its trading below EMA50, reinforced by the stability of the main bearish trend on the short-term basis, especially with its trading alongside trendline, besides the emergence of the negative signals on the relative strength indicators, after reaching overbought levels.
MoreCoffee price attempts to form positive pattern – Forecast today – 24-10-2025
Coffee price formed the inverted head and shoulders pattern in its last trading, and 424.20 level forms the main neckline as appears in the above image, noticing the attempt to surpass the neckline at 437.40 in yesterday trading, to bounce quickly towards 410.00.
MoreThe EURJPY keeps rising– Forecast today – 24-10-2025
The EURJPY pair took advantage of the main indicators of unionism and provided positive momentum, surpassing 177.05 level to confirm its readiness to resume the bullish attack, by hitting 177.65 level.
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