OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Maybe history’s gonna repeat and gold will rally from a JNUG RSI of 63–from 8 to 13 bucks…but todays rally has stalled…

Posted by Richard640 @ 15:14 on June 11, 2019  

If world mkts roll over tonight and U.S. stocks come in lower tomorrow–with a lower $, then maybe….bu for now this is nothing more than an anemic bounce.

If I’m reading this correctly…the RSI on this chart is 62 as I write—-On January 22nd-2019—the RSI was also 62 and JNUG had a straight up rally from about 8 bucks to 13 bucks…so I guess there is no law graven in stone that a rally can only start or continue from a 30 RSI…


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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.