Is time for GOLD to move down ?
Hey Traders,
As you can see, the price has made a new ATH and is close to reaching the rising wedge resistance. Both the MFI and RSI are at the top. Previously, when the price reached this level with the MFI and RSI overbought, we saw significant selling. I expect the price to touch the 2460-2465 range before making a strong move downward
As you can see, the price has made a new ATH and is close to reaching the rising wedge resistance. Both the MFI and RSI are at the top. Previously, when the price reached this level with the MFI and RSI overbought, we saw significant selling. I expect the price to touch the 2460-2465 range before making a strong move downward
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