Loading ...at least in the large caps I follow. Most of them have RSI’s above 70. That has usually been a good place to sell some, if not all. I don’t know if we’re in the same game we’ve been in for the last decade. The scum could fire a mighty shot across the bow tomorrow by clawing back todays’ gains. We’ve seen them do it plenty of times before. We also have breakouts in the HUI, GDX, GDXJ, – the scum loves to come in and destroy bullish technicals, especially breakouts.
Maybe this time will be different. There’s no fundamental reason for gold to sell off, none.
Exciting times