Gold
Investment Thesis
GLD has entered a rare capitulation zone — RSI at 19.71 and the GLD/SPY ratio RSI at 14.86 simultaneously — signaling potential exhaustion of the selling wave and setting up a mean-reversion bounce toward the 200-day MA (~$406), with a roughly 2:1 risk/reward from current levels.
Why It May Work
Why It May Not Work
Timeline
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