The (Gold) price declined in its last intraday trading, after recording cautious gains in the previous sessions supported by the emergence of the positive signals on the (RSI), despite its stability in exaggerated overbought levels compared by the price move.

Despite this temporary technical support, the price remains suffering from clear negative pressure, due to its stability below EMA50, and under the effect of the bearish correctional trend on the short-term basis, with the continuation of its trading alongside a bearish bias, which confined its ability to achieve extra gains unless it reaches near critical resistance levels.