Gold Faces August’s Resistance; Still Supported

[PocketOption]

Gold Faces August's Resistance; Still Supported

Gold sustained a muted tone during Monday's early European trading hours, consolidating its latest spike around the August resistance territory and the 1,800 level despite inching to a new high of 1,809. Overbought signals become more evident as the RSI weakens below 70, while the stochastics look for a bearish crossover above 80. Yet, sellers may not take action, […]

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