The (Gold) price declined in its last intraday trading, after facing solid resistance at the main level of $3,700, to decline again after its previous success in offloading its oversold condition on the relative strength indicators, accompanied by the emergence of negative overlapping signals on the technical indicators, increasing the pressure on the price and opening the way for more of the losses.
However, the price leaned on the support of its EMA50, providing chance to attempt to gain the required bullish momentum to recover and rise again, and the main trend on the short-term basis remains under the dominance of the main bullish trend.
VIP Trading Signals Performance by BestTradingSignal.com (September 8–12, 2025)
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Full VIP signals performance report for September 8–12, 2025: