Double top formation on the daily and the weekly. Could signal trend reversal. As well as this gold as rallied too fast and a consolidation is due. RSI on multiple timeframe is showing overbought. Therefore, only a matter of time before we see a sell off
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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.