manumo
Long

Buying gold: not a bad idea

COMEX:GC1!   GOLD FUTURES
94 3 1
Divergence in RSI , new uptrend coming!

Thanks
Oh! Because of being my 1st chart here, i introduced wrong TP (it should be 1240) and SL (it should be 1180)
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Thomas (2003), in his testing of the RSI, found that none of the conventional signals had value except the positioning opposite from the conventional overbought/oversold levels of 70 and 30.
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1190 might have been just tested. The divergence is obvious. I advise to wait till next week for this info to be contrasted.

Thomas (2003), who played in Detroit Pistons, was a fantastic basketball player ; )
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