From a technical perspective, the Relative Strength Index (RSI) has moved above the 70 mark and warrants some caution for bullish traders. Hence, it will be prudent to wait for some near-term consolidation or a modest pullback before positioning for any further appreciating move. Nevertheless, the recent breakout through key barriers suggests that the path of least resistance for the Gold price remains to the upside.
Xauusd buy 2855
TP1 2860
TP2 2866
Target 2872
Stop loss 2842
Xauusd buy 2855
TP1 2860
TP2 2866
Target 2872
Stop loss 2842
Trade active
Check my chart Trade closed: target reached
TP 1 hit 60 pips done 👍Note
Free signal Note
Xauusd signal Gold signal
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Gold signal
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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.