Gold Rally Pauses at 2,088 After Strong Bullish Move

Gold prices break descending trend line Medium-term trend remains neutral RSI indicates overbought market Gold prices posted an impressive bullish rally in the preceding week, touching the upper boundary of the medium-term trading range at 2,088 and penetrating the downtrend line to the upside. The technical oscillators are confirming this view. The MACD is strengthening […] The post Gold Rally Pauses at 2,088 After Strong Bullish Move appeared first on Action Forex.

Gold Rally Pauses at 2,088 After Strong Bullish Move

Gold prices break descending trend line Medium-term trend remains neutral RSI indicates overbought market Gold prices posted an impressive bullish rally in the preceding week, touching the upper boundary of the medium-term trading range at 2,088 and penetrating the downtrend line to the upside. The technical oscillators are confirming this view. The MACD is strengthening […]

The post Gold Rally Pauses at 2,088 After Strong Bullish Move appeared first on Action Forex.