I found that Gold has been in Overbought position, as indicated by the RSI indicator. Here Gold will experience a daily/weekly price correction, with a profit target of $1800 (Demand Zone) and at the point of position (approximately) the Daily Moving Average line (WMA-200).
İşlem aktif:
Hope my analysis helps. Good luck to all of you.
İşlem elle kapatılmış:
Cut losses. Gold will pump again higher.