Gold Monthly BO Gold in uptrend
Breakout from a bullish falling wedge and successful BT .
This is one of the Rambus chart from past reproduced here.
Notice RSi has been in the range between 50 and below 30 over several years during this gold’s bear trend. For gold to be in uptrend RSI to be in 50 to 70 range like from 2002 to 2011. If RSI moves above 50 on monthly basis there is a chance PM sector has entered in a uptrend going forward.
Silver to gold ratio will provide the clue.
That chart is a beauty !