During 2013 when GLD has been very close to or at the 30 level it has led to a bottom within 1 to 6 days.
During April and June it led to crash type action and extreme downside.
RSI below 30 is a warning sign that price action can accelerate rapidly and that a highly volatile spike bottom is coming soon (1 to 6 trading days ).
During April and June it led to crash type action and extreme downside.
RSI below 30 is a warning sign that price action can accelerate rapidly and that a highly volatile spike bottom is coming soon (1 to 6 trading days ).
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.