Gold price struggles to extend its winning spell for the ninth trading session on Monday. The precious metal refreshes its all-time high around $2,195 and is expected to capture the round-level resistance of $2,200. On the downside, December 4 high near $2,145 and December 28 high at $2,088 will act as major support levels.
The 14-period Relative Strength Index (RSI) reaches overbought territory at 84.00, pointing to the chances of some correction ahead.
The 14-period Relative Strength Index (RSI) reaches overbought territory at 84.00, pointing to the chances of some correction ahead.