Historically Oversold Gold
Gold peaked a little over seven years ago in Apr-11. If we construct a simple 7-yr RoC chart below we find that as of Aug-18’s swing low, that RoC stood at -34%, tied with Mar-01’s level and slightly better than -39%…
Gold peaked a little over seven years ago in Apr-11. If we construct a simple 7-yr RoC chart below we find that as of Aug-18’s swing low, that RoC stood at -34%, tied with Mar-01’s level and slightly better than -39%…