AlexxChan

Gold losing steam, short idea

Short
AlexxChan Mis à jour   
FX:XAUUSD   Or / Dollar Américain
Gold has been rallying higher and higher for a while now. However it seems like its going to lose some steam. This is indicated by the over bought RSI levels and the potential wedge formation being shown. However in the long run, I believe Gold will head higher in the future
Commentaire:
Seems like its heading in the right direction, right at point. Let's see if it breaks through the moving averages

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