The Relative Strength Index (RSI) is a momentum oscillator used to identify overbought and oversold conditions. It ranges from 0 to 100, with xauusd technical analysis today values above 70 considered overbought and below 30 oversold. Traders use RSI to spot potential reversals or confirmations of a trend. It's a useful tool for both beginners and professionals.
The Relative Strength Index (RSI) is a momentum oscillator used to identify overbought and oversold conditions. It ranges from 0 to 100, with xauusd technical analysis today values above 70 considered overbought and below 30 oversold. Traders use RSI to spot potential reversals or confirmations of a trend. It's a useful tool for both beginners and professionals.