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The one simple hack for identifying high probability local low areas
Stoch RSI on the daily time frame
$GOLD has bottomed on this value and is attempting to exit for an upside move
Every single one 7/7 resulted in more upside
1/7 had a lower low after but ultimately upside
1/7 (previous one) hung in this area longer than others for a deeper/longer retrace, but ultimately ended with higher upside
This data point pretty much works on all strong mature assets I’ve found
It is the perfect way to routinely accumulate weakness in the long term