$XAU

XAUUSDT

دائم

4,883.25

+0.28%

🚨Gold Price Forecast: Technical outlook🚨

Gold retreated to a daily low below $5,100 before making a U-turn and recovered towards $5,300. The Relative Strength Index (RSI) has moved from around 89 to 79, an indication that some traders are booking profits.

If XAU/USD extends its losses below $5,100, traders should look at $5,000 as the next line of defense for buyers.

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