Gold Miners’ Historic RSI Signals Potential for Continued Melt-Up

The price momentum in gold miners has been nothing short of relentless, with the group’s Relative Strength Index (RSI) holding at 65 or higher for 31 consecutive sessions — the third-longest stretch in more than six decades. Such persistent strength is rare and historically powerful, as similar readings have preceded annualized returns of 66%, far outpacing performance during periods when the count was below this level. Sustained momentum reflects strong underlying demand, suggesting that the current melt-up in gold miners may have further room to run.

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