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Forecast update for silver -01-12-2025
The price of (silver) returned to rise on its last intraday trading, approaching new all-time highs, especially after offloading some of its overbought conditions on the relative strength indicators, opening the way for achieving mote of the gains, amid the dominance of the main bullish trend on the short-term basis, alongside main and minor trend lines that support the stability of this track.
Forecast update for Gold -01-12-2025.
The price of (Gold) rose in its last intraday trading, to confirm breaching the key resistance at $4,225, amid the dominance of the main bullish trend and its trading alongside supportive minor trend line for this track, with the emergence of the positive signals on the relative strength indicators, despite reaching overbought levels, which might reduce the upcoming gains.
Forecast update for EURUSD -01-12-2025.
The price of (EURUSD) rose in its last intraday trading, breaching its current resistance at 1.1605, taking advantage of its trading above EMA50, with its trading alongside minor bullish corrective trend line on the short-term basis, on the other hand, we notice the emergence of negative overlapping signals on the relative strength indicators, after reaching overbought levels, which might obstruct the rise in the upcoming period.
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