Gold Price Forecast: XAU/USD holds record-rally amid overbought conditions, ahead of US data
Gold price is very high – Above $2,850, the highest ever.
US-China trade worries – Tariffs and trade war concerns help push Gold prices up.
Risk sentiment – China’s market return might increase demand for the US Dollar.
Overbought signals – Charts show Gold is expensive, warning traders.
Upcoming US data – Investors are waiting for job reports and trade talks for the next move.
