Gold declined in its last intraday trading due to ongoing negative pressure from trading below the EMA50, which signals weak bullish momentum. This drop appears alongside renewed negative signals on relative strength indicators after exiting oversold areas, allowing sellers to control the near-term movement.

Despite this pressure, the main bullish trend still dominates the short term, supported by trading along the minor trend line. The contrast between intraday negativity and the broader bullish structure keeps technical signals neutral, awaiting a clear breakout to define the next direction.