GOLD to find buyers at current overbought extremes?

23 thg 10

XAUUSD - 24h expiry

Price action resulted in a new all-time high at 2753.
Daily signals for sentiment are at overbought extremes.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
20 1hour EMA is at 2743.
There is no indication that the rally is coming to an end.

We look to Buy at 2744.5 (stop at 2726.5)
Our profit targets will be 2789.5 and 2799.5

Resistance: 2753.4 / 2770.0 / 2785.0
Support: 2745.0 / 2725.0 / 2700.0

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