금 (US$ / OZ) CFDs

10.6 Gold European Short-term Technical Analysis!!!

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Gold has been rising for several consecutive weeks, breaking through the upper Bollinger Band on the weekly chart, and the RSI has reached the overbought zone, suggesting further upward movement. Friday saw a small bullish close, and today's Asian session saw further gains. The daily RSI has again reached the overbought zone, and the 4-hour chart is above the upward trend line, breaking through the ascending triangle.

Trade Recommendation: BUY: 3920 Target: 3940 3950

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