The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.NEW YORK ( fxtechstrategy.com) -- With Gold breaking above the 1,700/50 level, its psycho levels and maintaining its bullish long term upside momentum, further upside risk is now expected. A decisive break and hold above the 1,800 level now being tested will call for a run at the 1,850 level and then the 1,900 level, all representing its psycho levels. Both its daily and weekly RSI are bullish and pointing higher supporting this view.
Gold Rallies, Sits Firmly Above 1,700/50 Levels
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