23 Jul 2020 ● 06:31 AM
Gold - went past the trendline of the last few highs that was at 49620, and now this level should act as a support in wave III up. III=I goes to 52420. The RSI is at 70 for gold mcx, however gold comex RSI is at 78 and more overbought. So a one day reaction would be normal. But wave III does not appear complete.