Monthly RSI was 95% . Another 300-400 points correction is expected.
MR DEALS
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Bullish
$PAXG
✴️↔️ Gold is giving us a lesson in statistics. Today's −5.7% move is rare; a 4.46-sigma move 🧐↩️
In a “normal” world, that’s once every 240,000 trading days. In reality −4.67% to −6.00% occurred 34 times since 1971, i.e. in 13,088 trading days (0.26% = 1 in 385 days) ⌛️
Even bigger drawdowns happened 21 times since 1971. Message: Gold isn’t low-vol 🚨
FOMO caused the latest leg up. Now, profit taking and weak hands got shaken out. Means?
Statistically speaking, chances are that calmer days are ahead. Don't panic now 📢⌛️
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BIG BREAKING NEWS 🚨 After German daily, now New York Times reports that Trump tried to call PM Modi SEVERAL TIMES but PM refused 🔥🔥
According to NYT, Trump called Modi at least four times.
NYT report adds that one reason cited was Trump’s tendency to post whatever he wanted on social media, regardless of what was actually discussed. #ModivsTrump