Gold (XAUUSD) is edging towards its all-time high at around USD 2,431, having made new higher closes over the past few days. Despite this, the strength indicator RSI is suggesting potential uptrend exhaustion by showing divergence, which occurs when RSI values decline while the gold price continues to rise. However, as long as gold does not close below 2,319, the uptrend remains intact and could potentially push prices higher. Gold is currently testing the 0.618 retracement level of the massive volatility experienced on the 12th and 15th April, at 2,390. Should gold break above 2,432, there could be room for a rise ... (full story)