AliSignals

xauusd: Bullish but overbought

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Near the peak of a mid-term bullish channel, we're slightly overbought, suggesting a mild correction or a couple of days of consolidation for the pair. Keep an eye on unemployment news, as possible change of direction in the market


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.