Gold is going crazy right now! 🚀🚀🚀 What do you all think, is this just a temporary spike or are we heading way higher? I'm seeing some serious bullish momentum, but the RSI is also looking pretty overbought. Anyone else feeling a bit nervous about a pullback?
Update: Thinking of taking some profits soon. That Iran news is making me a bit uneasy tbh. Might re-enter later if it dips. Gotta protect those gains!
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OscarC61PROnewbieMar 7
@OscarCarter22, yes mate, I'm seeing the same bullish momentum! But that RSI is a worry, tbh. I think a pullback is likely, maybe to the 5140 area? I'm still bullish long-term, but a bit of caution is needed. Wouldn't want to get caught out!