Gold is currently re-testing a key area of support where we are likely to see some buyers step back into the
market. Technically the RSI has gone into an oversold condition at the support adding further confluence to our short-term
bias. On the lower timeframe, we can see a minor resistance level that needs to be broken before considering a long opportunity.
market. Technically the RSI has gone into an oversold condition at the support adding further confluence to our short-term
bias. On the lower timeframe, we can see a minor resistance level that needs to be broken before considering a long opportunity.