The Relative Strength Index (RSI) is a popular momentum oscillator that measures the speed and change of price movements. In gold trading, RSI helps identify overbought or oversold conditions, signaling potential reversals. When RSI crosses above 70, gold may be overbought and due for a correction; below 30 indicates oversold conditions and possible rebounds. Incorporating RSI into a gold trading strategy offers an additional confirmation tool to refine trade entries and exits. Educational content on platforms like gold strategy details how to interpret RSI effectively and combine it with other indicators for robust trading decisions.
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