Gold Relative Strength Index
1) Gold may look like it has bottomed on the price chart, but the monthly RSI chart says otherwise.
2) Yea I get it, monthly RSI is a very long term outlook, but what am I supposed to do. The support has been broken on the RSI and I think Gold just like BTC might go down to sh***t for the next year or so. I hope $1,680 was the bottom, but the MACD also does not show a psitive sign of a bullish continuation.
3) we have formed a descending triangle on the price chart and I want to think it’s a bullish continuation but I have “0” reasons to believe that descending triangle is a bullish continuation.
2) Yea I get it, monthly RSI is a very long term outlook, but what am I supposed to do. The support has been broken on the RSI and I think Gold just like BTC might go down to sh***t for the next year or so. I hope $1,680 was the bottom, but the MACD also does not show a psitive sign of a bullish continuation.
3) we have formed a descending triangle on the price chart and I want to think it’s a bullish continuation but I have “0” reasons to believe that descending triangle is a bullish continuation.