Gold price keeps its positive momentum despite the slight decline

The (Gold) price declined slightly in its last intraday trading, after its success in breaching the critical resistance at $3,375, supported by its trading above EMA50, amid the dominance of strong minor bullish wave on a short-term basis.

Supported by the emergence of the positive signals from the (RSI), after its success in offloading the overbought conditions in the previous moves, opening the way for resuming the gains and targeting new bullish levels.