Gold rose slightly in its last intraday trading, leaning on the support of its EMA50, providing bullish momentum that helped it recover these last gains, accompanied by the emergence of positive overlapping signals on the relative strength indicators, after reaching oversold levels, to indicate improving the near-term basis momentum.

This bullish performance reinforces the dominance of the main bullish trend, besides the continuation of minor bullish waves effect on the short-term basis, accompanied by the trading alongside supportive trend line for this track, these technical data open the way for extending the gains in the upcoming period.