Relative Strength Index (RSI) is a popular technical indicator used in the foreign exchange (Forex) market to measure the strength of a currency pair's price action. It is calculated using a formula that compares the magnitude of a currency...

This recent data would put pressure on the price of Gold and, as we can see from the chart, the price has rejected the $1810.00 level. On the 4hr chart, the price formed a double top pattern with the...