The analogy is pretty clear. Once it has bottomed out, a sudden spike higher could take gold back over 1500. Might be a riskoff event affecting equities too more than just a short squeeze, but in any case RSI have to give a signal like in 2008.
Komentar
vaicru
⋅
Ecantoni very good
locatellicharts
⋅
Great work!
Ecantoni
⋅
Make it or break it moment for this analogy...if it works the squeeze will be gargantuan.