The (Gold) price rose in its last intraday trading, supported by its stability above EMA50, reinforcing the strength of the dominant bullish track on its moves, taking advantage of its trading alongside a minor bias line, that indicates the strength of the dominant bullish trend on the short-term basis.
The (RSI) show supportive signs, after forming positive divergence that reinforces the possibility of the continuation of the rise, the combination between the technical momentum and the dynamic support might provide extra space for recording new records in the upcoming period.
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