Technical Analysis – Gold jumps higher but strong resistance awaits near 1,556
Gold prices are continuing the strong bullish rally, reaching a fresh four-month high of 1,550 today. The short and medium-term biases look positive as the RSI keeps gaining ground in the overbought territory, while the MACD completed a positive crossover with its trigger line above the zero line in the 4-hour chart. Immediate resistance to […]