From a technical perspective, the price of gold has shown a clear upward trend in the past period of time. At present, the price of gold has broken through multiple important technical resistance levels, and the upward trend is relatively strong. At the same time, the trading volume is constantly increasing, indicating a high level of market participation. In addition, technical indicators such as the Relative Strength Index (RSI) of gold also indicate that gold is in a strong state and is expected to continue rising.
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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.
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.