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Commodities · indicator signal
RSI oversold bounce on Gold
On Gold the rsi oversold bounce showed up 59 times. The target came first 41% of the time, the stop 37%, and 22% 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 | 18 | 61% | 28% | 11% |
| Hourly | 41 | 32% | 41% | 27% |
Gold against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Gold | 59 | 41% | 37% | 22% |
| All Commodities charts | 204 | 38% | 48% | 15% |
| Every market | 32,726 | 34% | 55% | 11% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2016 | 8 | 50% | 50% |
| 2021 | 4 | 25% | 25% |
| 2024 | 21 | 38% | 33% |
| 2025 | 20 | 25% | 50% |
The last 8 times
- 17 Nov 2025, 20:00 UTC · hourly · stop first after 5 candles
- 28 Jul 2025, 15:00 UTC · hourly · went nowhere
- 27 Jul 2025, 23:00 UTC · hourly · went nowhere
- 25 Jul 2025, 17:00 UTC · hourly · stop first after 4 candles
- 24 Jul 2025, 13:00 UTC · hourly · went nowhere
- 23 Jul 2025, 17:00 UTC · hourly · stop first after 7 candles
- 17 Jul 2025, 13:00 UTC · hourly · target first after 1 candle
- 15 Jul 2025, 22:00 UTC · hourly · target first after 8 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 oversold bounce is
RSI fell below 30, then climbed back above it. Selling may be tiring.
Stretch a rubber band far and it wants to snap back. RSI is a gauge from 0 to 100 that shows how hard price has been pushed up or down lately. Below 30 means price was pushed down very hard, and climbing back above 30 hints the selling may be tiring.
The full rsi oversold bounce lesson, video and quiz ›
Other patterns on Gold
Inside bar · Stochastic bearish cross · Spinning top · Stochastic bullish cross · MACD bearish cross · Doji · RSI overbought drop · Volume profile bounce · Volume profile rejection · EMA 9/21 bearish cross · all of them
The rsi oversold bounce elsewhere
Silver · Crude oil · Copper · Sensex · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY
Questions
How often does the rsi oversold bounce work on Gold?
In 59 cases on Gold, the target (1.5 × ATR) came before the stop (1 × ATR) 41% of the time and the stop came first 37%; 22% went nowhere within 12 candles.
What is the rsi oversold bounce?
RSI fell below 30, then climbed back above it. Selling may be tiring.