“Gold Price Strives to Build Bullish Momentum – Analysis – October 9, 2025”

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Gold price saw a pullback during the latest intraday session, as part of a corrective move aimed at profit-taking following the recent strong gains. This decline appears to be a temporary pause, with the price attempting to gather enough momentum to resume its upward trajectory. Notably, some negative signals have emerged on relative strength indicators, suggesting overbought conditions and a potential need to alleviate this pressure.

Despite the current dip, the overall short-term trend remains bullish. This outlook is supported by continued trading above the 50-day EMA, as well as movement along a bullish trendline. These factors strengthen the probability of a rebound and increase the chances of gold reaching new all-time highs in upcoming sessions.

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