The price of (gold) slipped lower in its last intraday trading, to gather the gains of its previous rises, attempting to offload its overbought conditions on the relative strength indicators, with the emergence of the negative signals from there, gathering its positive strength that might turn to the bullish track after sequence gains, amid the dominance of the main bullish trend on the short-term basis and its trading alongside trend line, with the continuation of the positive pressure that comes from its trading above EMA5, reinforcing the chances of its recovery if it kept the stability of the current resistance.
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