RSI indicator, showing a bullish divergence or bearish convergence line on the most recent price action, as well indicating when overbought RSI is going down and oversold RSI is going up.
Four alerts can be added on the RSI indicator:
1. When RSI is bullishly diverging
2. When RSI is bearishly converging
3. When RSI in overbought area is going down
4. When RSI in...
After reaching highs in August, gold has been taking back some gains on a tremendous run... But a bounce is coming.
3 Major Tenets
Chart #1:
Since The summer, Gold has run a continuous pattern: Running up on a trend, and falling on a bull flag channel before popping again. Also, The MACD on the daily chart hasn't been this low in a few years. Though momentum...
