The (Gold) price declined in its last trading on the intraday levels, affected by its trading alongside a bearish trend line on the short-term, indicating the strength of the dominant negative momentum, besides the continuation of the negative pressure due to its trading below EMA50, accompanied by the emergence of the negative signals on the (RSI), after reaching exaggerated overbought levels compared to the price.
The price gets ready to test and break the critical support level at $3,285, opening the way for more of the downside moves, by confirming the break by an intraday close below it.
BestTradingSignal.com – Professional Trading Signals
High-accuracy trading signals delivered directly to your Telegram. Subscribe to specialized packages tailored for the world’s most important markets – all powered by BestTradingSignal.com .
The longer the subscription, the greater the savings and the more value you get.
Weekly performance report available here: Signals Performance – Week of July 21–25, 2025