#Gold & #Silver – Extreme RSI Alert ⚠️
Gold Monthly RSI: 95.55
👉 For the first time ever since Gold charts are available, Monthly RSI has reached 95.5.
Silver Monthly RSI: 92
Historical Perspective (Silver) :
2011 High: Monthly RSI 85.85
1980 High: Monthly RSI 98
👉 This means, for Silver, we are witnessing such extreme RSI levels only for the 2nd time in history.
⚠️ Conclusion
Such extreme RSI readings indicate overheating, not strength.
Avoid FOMO buying at these levels.
Some caution is strongly advised for long positions.
📌 Prices may still move higher, but a meaningful correction is very likely in the coming phase.