Gold's got that 'overbought' look according to the RSI. Could be a fakeout before a bigger drop, or maybe it's finally gonna blast through 5000. I'm watching the 200 SMA like a hawk. If it breaks that, things could get interesting. Fingers crossed, eh?
@osmith876 Yes, that RSI is screaming 'overbought'! I'm also keeping an eye on that 200 SMA. If it breaks, we could see a significant correction, but until then, the bulls seem to be in control!
