Gold rose in its last intraday trading, taking advantage of main bullish trend continuation and its trading alongside supportive minor trend line on a short-term basis, representing a new attempt to surpass the negative pressure of the EMA50, which prevented the price recovery yesterday.

Despite these attempts, gold is facing challenges by the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, which might limit the upside move and open the way for more fluctuating moves on the intraday basis.