Wild guess at what gold might do the next few months.
Things seem pretty bullish—as of this writing, there has been a rally that was not unexpected in timing, but faster and higher than anticipated.
Don't assume that being overbought prevents getting even more overbought (upper blue triangle). However when sentiment changes, there is likely to be a significant pullback (lower blue area.)
Things seem pretty bullish—as of this writing, there has been a rally that was not unexpected in timing, but faster and higher than anticipated.
Don't assume that being overbought prevents getting even more overbought (upper blue triangle). However when sentiment changes, there is likely to be a significant pullback (lower blue area.)