Gold has been rising for several consecutive weeks, breaking through the upper Bollinger Band on the weekly chart, and the RSI has reached the overbought zone, suggesting further upward movement. Friday saw a small bullish close, and today's Asian session saw further gains. The daily RSI has again reached the overbought zone, and the 4-hour chart is above the upward trend line, breaking through the ascending triangle.
Trade Recommendation: BUY: 3920 Target: 3940 3950
Trade Recommendation: BUY: 3920 Target: 3940 3950
The road to success is not crowded. As long as you choose the right direction and follow the right team, you will be able to move forward.
t.me/david_456654
t.me/david_456654
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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.
The road to success is not crowded. As long as you choose the right direction and follow the right team, you will be able to move forward.
t.me/david_456654
t.me/david_456654
Related publications
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.