Gold Price Forecast: Rallies Toward Record Highs Amid Breakout Potential – FX Empire
Risk of Being Overbought Keep in mind that gold has been advancing in the current upswing (CD) since the 2,582 (C) swing low. At today’s high gold had advanced by 203.63 points or 7.9% from 2,582. On a percentage basis that gain is slightly above average for five prior sequential upswings that occurred since the