Gold’s downtrend from the Jan. 22 highs remain intact, says Jonathan Butler, precious metals strategist for Mitsubishi. “[B]ut with gold now oversold on the RSI and MACD measures, a consolidation appears to be underway,” he says.
Gold’s downtrend from the Jan. 22 highs remain intact, says Jonathan Butler, precious metals strategist for Mitsubishi. “[B]ut with gold now oversold on the RSI and MACD measures, a consolidation appears to be underway,” he says.