Gold prices didn’t pass 1515.00. The planned meeting between Donald Trump and Xi Jinping next week may put pressure on the gold prices.
The price is above the middle Bollinger band, below SMA 5, but above SMA 14. RSI is out of the overbought zone and suggests selling. Stoch have already left the overbought zone and are declining.
Trading recommendations:
Sell gold with local targets 1500.00 and 1491.00.