Technical outlook OANDA:XAUUSD
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Technically, nothing seems to have changed for Gold price in the near term, as the bearish 14-day Relative Strength Index (RSI) continues to back the downside bias.
Any pullback in the Gold price, therefore, will be seen as a good selling opportunity.
On the upside, the Gold price recovery needs to crack the...
Signals for a new day OANDA:XAUUSD
Technically, Gold price remains exposed to downside risks, as the 14-day Relative Strength Index (RSI) continues to hold below the midline, despite the latest bounce.
A hot US inflation report will revive the selling interest around the Gold price, smashing it through the key support near the $1,910 region to challenge...