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Get Some Physical Gold or Silver Now
by David Brady Sprott Money
We’re on the cusp of a massive rally in precious metals (especially gold and silver) and miners. Today I’ll list the multiple reasons why, based on my FIPEST process.
Gold Overview
[…] Gold Technical Analysis
The 2-hour chart shows an RSI of 7. Extreme oversold. Worthy of at least a bounce.
The 4-hour chart shows an RSI of 11. Extreme oversold and also supports a bounce.
The daily RSI was 31 at the close today. The lowest since February 23, when gold hit a low at 1809 and then rallied to 2085 in just over 2 months.