Gold Shows Signs of Recovery – Technical Outlook – October 10, 2025

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Gold price rose during the last intraday session following yesterday’s bearish wave. The price attempted to establish a higher low, using the $3,950 support level as a base to potentially launch another rally. This support halted the decline and sparked fresh bullish momentum, resulting in modest gains so far.

The recovery is supported by continued trading above the 50-period EMA, which reinforces the stability of the main short-term bullish trend and the presence of a supportive trendline. Additionally, positive overlapping signals have appeared on the relative strength indicators after reaching deep oversold levels, suggesting the formation of a bullish divergence that may further aid the ongoing recovery efforts.

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