Gold Futures Fall Over 2%, Dropping Below $4,000 Per Ounce
The decline follows a historic monthly RSI reading above 90, marking its first occurrence since 1980 despite gold’s strong 2025 gains.
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Terms & Concepts
Relative Strength Index (RSI): A momentum indicator that measures the speed and change of price movements, often used to identify overbought or oversold conditions.
Gold Futures: Contracts for the delivery of gold at a predetermined price and date, commonly used for hedging or speculating on gold prices.