/biz/ - Business & Finance

Anonymous Wed Aug 12 17:29:02 2020 No.21322428 [View]
File: 47 KB, 651x489, GLDRSI.png [View same] [iqdb] [saucenao] [google]

>>21322288
Checked.

Worth noting the GLD chart not so clear cut. Plenty of examples of GLD hitting overbought territory without going all the way back to oversold (or near) before heading back up again, and GLD is currently already past the halway mark and closer to oversold than overbought.
Also of course remember that if we do see the banks back off their positions to avoid delivery troubles, this all goes out the window completely.
I'm personally expecting Aug to be an absolute shit month before we do a blowout starting Sept.

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