XAUUSD is currently in an uptrend, however bearish divergence is clearly visible on daily time frame, as price is moving upwards but RSI is coming down as indicated on the chart. Hence, this could be taken as a warning sign that a reversal is expected soon for gold.
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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.