The price of (Gold) declined in its last intraday trading, attempting to gain a positive momentum that might help it to recover and rise again, while it succeeded in offloading the clear overbought conditions on the (RSI), opening the way for achieving more of the gains on the short-term basis, amid the dominance of strong minor bullish wave, supported by positive support due to its trading above EMA50, reinforcing the stability of this scenario.

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