Gold hits most overbought level in 45 years as ETF demand spikes

Gold just broke yet another record. As of this week, it hit its most overbought level in 45 years, with a monthly RSI of 89. 72. That’s the highest RSI for gold since 1980. Anyone who follows charts knows that anything above 70 usually signals overbought territory. So, near 90? That’s insane. And this is happening […] source: https://www.cryptopolitan.com/gold-most-overbought-level-in-45-years/