Gold is stalling out on the daily. MACD has oscillated bearishly, and daily and weekly RSI are near "overbought" levels.
There is a massive weekly MA convergence structure around low 1,800 range. I want to see a test of this zone and gold RSI <30 before I consider loading up on miners.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.