Gold Analysis Using Trends, RSI and Price Action

16 במאי 2021

Gold reached the highest level on daily timeframe as seen on the résistance level, which is the highest level reached since April indicating possible reversal and in the H1 timeframe there is bearish indication on the resistance level. Which the price level is overbought on the resistance level . Given the price reverse on the resistance level breaking the consolidation forming a double top, possible opportunity.