The price of (Gold) declined in its recent intraday trading, attempting to gain a positive momentum that might assist it to breach the current resistance at $3,365, noticing its success to offload its overbought condition that was clear on the (RSI) previously.

This comes from its trading within a minor bullish channels range that limits its previous trading on a short-term basis, taking advantage of the dynamic support that is represented by its trading above its EMA50.