I'm not a fan of RSI, but my version of overbought is when price breaks out of a rising channel aggressively, like GOLD ( 
GC1! ) did at 10 a.m. yesterday. I expect the price to return to the channel at minimum.
GC1! ) did at 10 a.m. yesterday. I expect the price to return to the channel at minimum.
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.
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.