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Gold Record High Price Pushes RSI Into Overbought Zone
The move above 70 in the RSI is likely to be accompanied by a further advance in gold like the price action from last year, and the upcoming changes to US trade policy may keep the precious metal afloat as it clouds the outlook for global growth. Join David Song for the Weekly Fundamental Market Outlook webinar. David provides a market overview and takes questions in real-time. Register Here In response, monetary authorities may come under pressure to insulate their economy even though President Donald Trump delays tariffs for Mexico and Canada, and the risk of a policy error by major central banks may lead to higher ... (full story)