Remember 2017 and 2018…how stocks went up day after day after day?? Sure there were a few correction but then back to the daily grind higher…AND NO ONE was on TV pulling ttheir hair out and panicking about high RSIs? Yes, after a while, there was concern shown about the drop in volatility…but short sharp corrections came and reset the vol…so why the RSI panic after one big day in gold…yeah, we’ll have a short pullback…go sideways a few days and then up again…that’s how it seems to me.
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