Gold price witnessed slight gains during its recent intraday trading, as it attempts to build positive momentum that may help it resume its earlier gains for today. At the same time, it is trying to relieve some of its clear overbought conditions indicated by the relative strength indicators, with the emergence of a negative crossover, this comes amid the strong dominance of a short-term bullish corrective wave. However, on the other hand, negative pressure persists due to the price trading below EMA50, which may act as an obstacle if the corrective gains continue.