The relative strength index (RSI) is at 33.1. RSI below 30 is considered oversold and above 70 is considered overbought, Trendlyne data showed. MACD is below its signal and center line, this is a strong bearish indicator.
Gautam Shah of Goldilocks Premium Research suggests gold may consolidate after reaching a short-term peak. He anticipates a significant rally in metals, forecasting the metals
Gold prices have significantly declined from their April peak due to easing geopolitical tensions and a US-China trade deal. MCX Gold June futures hit a
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