Well, this chart is ridiculous. Gold price has caught up with the year and is rocketshiping out of the area. RSI is now over 90 and price keeps stretching away from the average. Signs point to a price correction back to the mean, but it's hard to close a position with all those vertical green bars and when you can hear the FED just running those printing presses in overdrive.
I guess I'll just sit back set my stop loss to zero and enjoy the show.
I guess I'll just sit back set my stop loss to zero and enjoy the show.
Trade closed: target reached