“Gold Builds Strong Base for Potential Upside – Analysis – 17/11/2025”

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Gold edged higher in its latest intraday session, supported by the EMA50, which provided the bullish momentum needed to recover recent gains. Positive overlapping signals appeared on the relative strength indicators after oversold conditions, suggesting an improvement in near-term momentum.

This bullish move reinforces the dominance of the main upward trend and the ongoing influence of the minor bullish wave on the short-term basis. The price also remains aligned with a supportive trendline, providing technical conditions that could support further gains in the upcoming period.Get high-accuracy trading signals delivered directly to your Telegram. Subscribe to specialized packages tailored for the world’s top markets:

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