/biz/ - Business & Finance

>>57890990
>first time ever omg
well, it's a relatively new asset, things happen, even more so after institutions have been legally allowed to do whatever the fuck they want to the price lol
look up XAU in the late 70s
I obviously don't think it will keep going up forever, just saying that this argument isn't particularly strong imo
>it's reaching ATH
technically it broke ATH, and typically what follows is price discovery to the upside
>overbought on MONTHLY
literally wtf are you talking about, it has happened before multiple times and magnitudes higher than now
pic related, the actual chart