Gold Undergoes a Profit-Taking Phase — Analysis (13/11/2025)

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Gold prices fell in their most recent intraday session, entering a profit-taking phase following the strong gains achieved earlier. The pullback occurs after breaking the key resistance at $4,155, which had been identified as our main target, reflecting the short-term dominance of the bullish wave.

The pair continues to trade along a supportive trendline that underpins this bullish trajectory and is supported by renewed positive signals from the relative strength indicators, despite reaching overbought levels that may limit further upside. This current decline offers a pause, allowing the market to consolidate before any renewed attempt to extend the gains.

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