A Note on Gold's Monthly Chart

Research Notes October 2025 > https://www.unum.capital/post/roct2025

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*....historically a monthly RSI +90 is rare and has almost never offered an appealing reward-to-risk for 'new buys/longs'. Prior to the current setup, Gold's monthly RSI was above 90 in 1973 & 1980. On both occasions, the 3 to 4 month returns were poor....*

Lester Davids

Senior Investment Analyst: Unum Capital