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$1,391.7 gold futures

I zoomed in on ph and saw RMS. cheers.It's bizarre that...

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Just4kicks

3,244 Posts.

461

17/04/24

18:26

Post #: 73393520
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Originally posted by Pointyfigures: ↑

I don't mention RSI.
One component is RMS - root mean squared. It produces a nice smoothed value.
I compare the number of rising to falling gold stocks.
May have pulled the trigger a bit early but a good opportunity to rebalance.
Some of the juniors are refusing to budge.
I am only looking for a 10-15% pull back.
Whenever targets are hit, gold price often consolidates while stocks get sold off.

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I zoomed in on ph and saw RMS. cheers.
It's bizarre that even now some juniors aren't responding, no trust that the gold price stay up perhaps.

Value at posting: $1,391.7
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