Gold RSI matches December 1979 record of 90.5, Sven Henrich notes

Gold RSI matches December 1979 record of 90.5, Sven Henrich notes
@NorthmanTrader: Gold RSI hits 90.5

Gold is currently matching its record monthly Relative Strength Index (RSI) from December 1979, reaching a figure of 90.5.

Sven Henrich, a well-regarded market analyst, has highlighted this development as noteworthy in his tweet. The RSI is an indicator used by traders to assess the momentum and potential price action of an asset. This significant RSI value points to strong buying momentum in the gold market, drawing comparisons to historical performance levels from several decades ago. Analysts are likely to keep a close eye on this trend to see if the momentum sustains and what implications it may have for the gold market moving forward.

Such heightened momentum in gold recalls broader market dynamics that Sven Henrich has explored in other contexts, including the pronounced contrasts between the SPX in 2017 and 2025. Moreover, these recurring signals of elevated activity coincide with underlying structural themes, such as the significant wealth disparity Henrich has previously highlighted, offering a deeper perspective on capital flows and investor behavior in today’s financial landscape.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
Weekly Top Bonuses
up to $2,500
deposit bonus for all clients
CLAIM BONUS
Your capital is at risk.