Gold Is Making a Decision, back to $1820 or $2000

26 Ağu 2020

Watch for downward pressure on the RSI. We have a descending triangle with Bollinger Band compression providing a slightly bearish outlook. If we drop down below $1900 I would not expect support until $1820. It's possible to move sideways for a bit, and then go back up to $2000 or higher. This is not financial advice!