Looks like a Short Japanese pin-bar has formed on Wed the 26th of May and the RSI may look overbought.
Possibilities:
- Gold upward move continues then it could rise toward 1989,
- Go sideways between 1875-1922 support & resistance.
- Further Down Correction between 1872-1875 support & resistance.
Possibilities:
- Gold upward move continues then it could rise toward 1989,
- Go sideways between 1875-1922 support & resistance.
- Further Down Correction between 1872-1875 support & resistance.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.