Gold price continues its fluctuating movement in recent intraday trading, as it attempts to gain new positive momentum that could help it recover and resume its upward movement in the coming period. The price is benefiting from continued technical support resulting from trading above its EMA50, reinforcing the stability and dominance of the short-term bullish trend, as the price maintains its position above the current support levels, keeping the positive outlook intact.

Meanwhile, the relative strength indicators started sending positive signals with the appearance of a bullish crossover after reaching oversold areas, su