The (Gold) declined in its last intraday trading, after its fluctuation due to the negative pressure of its stability below EMA50, besides breaking a minor bullish trend line on the short-term basis, reinforcing the selling pressure on the price.
The (RSI) showed positive signals after reaching sharp oversold levels, which provided positive momentum, and it might ease the way for recovery attempts on the near-term basis if it settles above main resistance levels.
BestTradingSignal.com Professional Trading Signals Get high-accuracy trading signals delivered directly to your Telegram. Subscribe to specialized packages tailored for the worlds top markets:
US Stock Signals from 44/month
Subscribe via Telegram Crypto Signals from 49/month
Subscribe via Telegram Forex Signals from 49/month
Subscribe via Telegram VIP Signals (Gold, Oil, Forex, Bitcoin, Ethereum, Indices) from 179/month
Subscribe via Telegram Full performance report available here:
View Full Performance Report