MARKET INSIGHTS: XAUUSD (Gold)

Market Insight

Technical analysis: MARKET INSIGHTS: Gold is on the daily resistance trendline, with RSI technically hinting of a further downside for the precious metal. Horizontal trendline should be somewhere 1757.10, with horizontal support at 1716.71. Within the horizontal resistance and support is a trading range of 400 pips, indicative of enough liquidity and viable trading opportunity.However, […]