The price of (gold) rose in its last intraday trading, amid the stability of the key support at $3,950, in attempt to offload its oversold conditions on the relative strength indicators, especially with the emergence of the positive signals, amid the continuation of the negative pressure that comes from its trading below EMA50, reducing the chances of the prices recovery on the near-term basis, under the dominance of the bearish corrective trend on the short-term basis.

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