Gold RSI
I know this is only looking at one indicator and amongst all the great analysis on this site seems rather simplistic but maybe a fore warning of what we have coming very soon? Look at how weak the RSI is coming out of the oversold area below 30, It didn’t make it above 50 which is very bearish, there is only one other time frame in this bear market that resembles the weakness that I could find. It starts at the end of February 2013 right before the gold communities come to Jesus moment.
Excellent point…RSI IS VERY IMPORTANT
Thank you! means a lot coming from you!