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    Gold uptrend remains uninterrupted; overbought RSI warrants caution for bulls

    Author AvatarBy George Brooks No Comments 15 Mins Read
    • Gold price continues to attract safe-haven flows amid worries about Trump’s trade tariffs. 
    • Fed rate cut bets undermine the USD and lend additional support to the XAU/USD pair.
    • The risk-on environment warrants some caution for bulls amid a slightly overbought RSI. 

    Gold price (XAU/USD) continues scaling new record highs through the first half of the European session on Wednesday as US-China trade war fears continue to boost demand for the traditional safe-haven bullion. Apart from this, some follow-through selling around the US Dollar (USD), led by bets that the Federal Reserve (Fed) will keep cutting interest rates in

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    He is an experienced financial journalist with a focus on Forex and cryptocurrency markets. With over two decades of expertise, he delivers in-depth analysis and real-time market updates, providing traders and investors with the knowledge they need to navigate the ever-changing financial landscape. His insightful articles and reports are trusted by professionals and enthusiasts alike.

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