Gold monthly RSI >90 (first time since 1980) - rising FOMO risk

💡 Idea / Thesis

Gold ( GOLD ) has gone almost vertical — up ~150% since late-2022 and +54% YTD.
The monthly RSI(14) just hit 91.36, a level we haven’t seen since the 1980 peak.

That doesn’t mean “sell now,” but it’s a clear sign of euphoria and extreme momentum — the type of move that usually ends with a pause or correction.

⚠️ Why I’m cautious

RSI >90 = extremely rare, often followed by several months of consolidation.

Parabolic breakout: The rally above 3400-3500 left little support underneath.

Sentiment: Everyone’s talking about gold again → signs of FOMO and crowded trades.

🎯 How I’d approach it

If you’re long:

Lock in some profits or hedge part of the position. Continue DCA strategy

Watch for a pullback to increase exposure like for example the area 3,300–3,500.


🚧 Risks

Strong uptrends can stay overbought for months — RSI ≠ sell trigger.

Central banks & geopolitics can keep gold strong.

Manage position size and respect stops.

📊 Bias: Long-term bullish, short-term cautious
Not financial advice. DYOR.