Markets › Gold › RSI overbought drop
Commodities · indicator signal
RSI overbought drop on Gold
On Gold the rsi overbought drop showed up 131 times. The target came first 24% of the time, the stop 70%, and 5% went nowhere within 12 candles.
Counted on Gold futures: daily candles from January 2015 and hourly candles from September 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 51 | 31% | 63% | 6% |
| Hourly | 80 | 20% | 75% | 5% |
Gold against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Gold | 131 | 24% | 70% | 5% |
| All Commodities charts | 374 | 33% | 60% | 7% |
| Every market | 36,014 | 34% | 58% | 8% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2016 | 5 | 60% | 40% |
| 2017 | 5 | 60% | 40% |
| 2019 | 5 | 20% | 60% |
| 2020 | 6 | 33% | 67% |
| 2022 | 5 | 20% | 80% |
| 2023 | 8 | 38% | 62% |
| 2024 | 35 | 29% | 63% |
| 2025 | 56 | 12% | 84% |
| 2026 | 3 | 33% | 33% |
The last 8 times
- 24 Feb 2026, 00:00 UTC · hourly · target first after 1 candle
- 9 Feb 2026, 00:00 UTC · hourly · went nowhere
- 12 Jan 2026, 04:00 UTC · hourly · stop first after 4 candles
- 25 Nov 2025, 03:00 UTC · hourly · stop first after 5 candles
- 25 Nov 2025, 00:00 UTC · hourly · stop first after 2 candles
- 9 Oct 2025 · daily · stop first after 2 candles
- 6 Oct 2025, 00:00 UTC · hourly · stop first after 1 candle
- 24 Sep 2025 · daily · stop first after 3 candles
Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.
What the rsi overbought drop is
RSI rose above 70, then fell back below it. Buying may be tiring.
Run up a hill as fast as you can and soon you need a breather. RSI is a gauge from 0 to 100 that shows how hard price has been pushed lately. Above 70 means price was pushed up very hard, and dropping back below 70 hints the buyers may be tiring.
The full rsi overbought drop lesson, video and quiz ›
Other patterns on Gold
Inside bar · Stochastic bearish cross · Spinning top · Stochastic bullish cross · MACD bearish cross · Doji · Volume profile bounce · Volume profile rejection · EMA 9/21 bearish cross · MACD bullish cross · all of them
The rsi overbought drop elsewhere
Silver · Crude oil · Copper · Natural gas · Sensex · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY
Questions
How often does the rsi overbought drop work on Gold?
In 131 cases on Gold, the target (1.5 × ATR) came before the stop (1 × ATR) 24% of the time and the stop came first 70%; 5% went nowhere within 12 candles.
What is the rsi overbought drop?
RSI rose above 70, then fell back below it. Buying may be tiring.