Gold holds bullish structure but shifts to neutral phase as uptrend stalls

Gold peaked at 1357.47 last Friday before retreating. Short-term momentum, as measured by RSI, reached overbought levels above 70 last week, with gold subsequently slipping below 1340 support today. On the 4-hour chart, RSI has dipped below 50. While this is a bearish signal, the possibility of f...

Gold holds bullish structure but shifts to neutral phase as uptrend stalls