as there should be on a 5% up day, although nothing crazy yet. Could call SLV a triple top which shouldn’t hold, not overbought yet.
GLD looks overbought, RSI at 74, well above its 50 dma. Correction time?
What I’d like to see is the RSI’s on this stuff to hang in the 70’s – 80’s for a while like other stuff sometimes does, but unless this time is different, I doubt they will.
Three months to $3K and $50…. 🙂