For the past 2 weeks, gold price has been ranging between roughly 1306 and 1325. As you can see in the 4H chart, this consolidation range followed a bullish push from roughly 1241 to 1325. 1) The RSI reflects strong and persistent bullish momentum as it popped above 80 and held above 40 on dips….

See original here:
Gold (XAU/USD) – Range Breakout and Bullish Continuation
