This key indicator shows gold at its most overbought level since 1980 – Barchart’s Khan

(Kitco News) – Gold continues to set fresh all-time highs and invoke comparisons to decades-old economic conditions and performance levels. Now, the yellow metal has hit another metric not seen in 45 years, according to analysis from Wajeeh Khan at Barchart.com.In an article published on Wednesday, Khan said that after its recent rally, gold is overbought to a degree it hasn’t reached in nearly half a century.