“Gold Pauses After Sharp Decline but Remains Under Pressure – Analysis – 28 Oct 2025”

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The gold price rose in its most recent intraday session in an attempt to recover part of its previous losses, supported by efforts to relieve oversold conditions on the relative strength indicators, which are now showing emerging positive signals that back the current recovery attempt.

Despite this rebound, gold continues to face downward pressure, remaining below the EMA50, which constrains the potential for a sustained recovery. The short-term bearish corrective trend continues to dominate, limiting bullish momentum in the near term.

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