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Gold Price Trades to Fresh Record High Amid Extreme RSI Reading – DailyFX
Gold trades to a fresh record high ($1945), with the RSI pushing deeper into overbought territory ahead of the Federal Reserve rate decision on July 29.
Gold Price Talking Points
Gold trades to a fresh record high ($1945) ahead of the Federal Reserve interest rate decision on July 29, and the price for bullion may continue to carve a series of higher highs and lows as the Relative Strength Index (RSI) pushes deeper into overbought territory.
Gold Price Trades to Fresh Record High Amid Extreme RSI Reading
The price of goldhas traded to fresh yearly highs during every single month so far in 2020, and the extreme reading in the RSI is likely to…
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