Is gold following this bearish pattern?
First off, This isn't financial advice.
This chart is on the gold 3 month. Although gold had it's highest quarterly close and it's highest quarterly price, the RSI is showing weakness. The RSI is showing Bearish divergence on a quarterly level for more than 10 years now.
Will it play out? If so, when crash?
I Don't know.
The only thing i'm doing is following the chart.
Let me know what you think...Comments down bellow.
Kind regards
WeAreSat0shi
This chart is on the gold 3 month. Although gold had it's highest quarterly close and it's highest quarterly price, the RSI is showing weakness. The RSI is showing Bearish divergence on a quarterly level for more than 10 years now.
Will it play out? If so, when crash?
I Don't know.
The only thing i'm doing is following the chart.
Let me know what you think...Comments down bellow.
Kind regards
WeAreSat0shi
tiktok.com/@wearesat0sh1
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