OANDA:XAUUSD   Gold Spot / U.S. Dollar
Wild guess at what gold might do the next few months.
Things seem pretty bullish—as of this writing, there has been a rally that was not unexpected in timing, but faster and higher than anticipated.
Don't assume that being overbought prevents getting even more overbought (upper blue triangle). However when sentiment changes, there is likely to be a significant pullback (lower blue area.)
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.