Xauusd signal

Gold builds on Monday's modest gains and rises to the $2,920 area on Tuesday. Markets brace for headlines to come in from Saudi Arabia, where US and Russian officials are meeting for peace talks. Meanwhile, rising US T-bond yields could limit XAU/USD's upside.

Xauusd sell 2917
Support 2900
Target 2880
Weekly Target 2860
Resistance 2940

Gold is climbing the ladder again this week, that stairway to new all-time highs. However, the Relative Strength Index (RSI) indicator in the daily chart is starting to flash overbought signals again, warning that the price action is overheating. With these elevated levels in RSI, buyers could be reluctant to buy more and wait for the Gold price to cool down to better levels before buying.

交易進行

Gold sell 20 pips running

交易結束：目標達成

Gold sell 50 pips done 👍👍

註釋

Check my work

註釋

Sell hold sell

註釋

Resistance 150 pips done 👍

註釋

Check my work