Gold price breaches its current resistance

The (Gold) price rose in its last intraday trading, to breach the current resistance at $3,375 level, as a signal for the strength of the dominant bullish momentum on the intraday trading.

This rise came due to offloading the clear overbought conditions on the (RSI), which opened the way for resuming the gains, supported by the dynamic support that comes from its stability above EMA50, affected by strong minor bullish wave that supports the positive track on the short-term basis.