“Gold prices are showing signs of gaining bullish momentum – Analysis – 02-12-2025”

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Gold retreated in recent intraday trading after encountering resistance at $4,225, aiming to gather sufficient bullish momentum to challenge this key barrier. The price is attempting to ease overbought conditions on the relative strength indicators, particularly as sequential negative signals emerge, signaling a pause before the next bullish push.

Despite the intraday decline, the overall technical outlook remains supported by trading above the EMA50, providing a strong dynamic base for a potential near-term recovery. Additionally, trading near both main and minor trendlines reinforces the continuation of the positive scenario.”

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