OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

No tailwinds today

Posted by Buygold @ 7:22 on January 20, 2023  

USD and rates moving higher so we’ll have to dig out some gains if we’re going to have a chance at upside.

Charts all look good. GLD is overbought, RSI up at 72. SLV not so much, RSI at 55.

We have a Fed Meeting at the end of the month, Jan. 31st./February 1st. Seems odd to me.

We’ve been fortunate lately not to be getting crushed every time some economic data or Fed speak comes out. Hopefully that continues, it’s been a good rally over the last month or so.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.