The (Gold) keeps its fluctuated trading in its last intraday trading, within the contradiction between the technical signals, the price gets support from the (RSI) indicators that began to provide positive signals after entering the oversold levels, which suggest a short-term bullish rebound, on the other hand, the pressure remains valid due to breaking the bullish trend line on the short-term basis, besides the continuation of the trading below its EMA50, and the technical scenario remains prefer the negativity unless regaining this average and closing above it.
The gold trading remains confined within a cautious range, waiting for a critical signals to confirm the upcoming trend, by the return to a new technical support levels or a clear breach to near resistance levels.