If gold makes this move on the daily chart, it offers a long opportunity.

RSI never lies.
If used correctly, it can yield good profits.
Positive divergence hasn’t appeared yet.
If the move I drew (the yellow and white lines) happens, a nice bullish divergence will form. From here, the long position won’t bother you.
Long-term investors should watch this:
If the green support ($3900 per ounce) doesn’t break, this becomes a buying/add-on opportunity.
But the moment it loses this level, the price will move toward the $3500 per ounce zone, and the uptrend will be significantly disrupted.
#Xau #Gold #GramGold