The daily RSI is yet o hit the overbought territory. The DMI remains in favor of further gains as well. Thus, prices looks set to test the upper Bollinger band resistance seen at $1260/Oz levels.
On the lower side, only a daily close below the mid-line (50-DMA) would signal trend reversal.
On the lower side, only a daily close below the mid-line (50-DMA) would signal trend reversal.
