The (Gold) price declined in its last intraday trading, affected by the stability of the resistance at $3,350, which stopped the previous bullish wave and pushed the price to gather some gains, in attempt to gather the required momentum for resuming the bullish trend, amid its trading alongside a minor bullish trend on the short-term basis, supported by its continuous trading above its EMA50, keeping the main bullish trend.

On the other hand, we notice the beginning of negative overlapping signals emergence on the (RSI), which suggest the beginning of forming a negative divergence, and that might push the price for bearish correctional rebounds.

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