Technical Analysis – Gold at one-month highs; rally could be overstretched

GOLD rallied during the past week, jumping from three-week lows to one-month highs. Price action is currently taking place above the Ichimoku cloud and the moving average lines, sending bullish signals for the trend of the market, but momentum indicators suggest that any weakness in the short-term should not be a surprise. The RSI is picking up speed above its neutral […]