Here is an analysis of IAU (iShares Gold Trust) has had a significant runup recently. I got out too early and had to sit out the balance of the run. Now I see a reversal and another opportunity if I don't get in too soon. The Federal Reserve has indicated they are going to let inflation overshoot their target. The chart is weekly so we are looking at a longer term perspective.
Price has had a significant turn.
Parabolic SAR is poised for a reversal.
On Balance Volume, has peaked and is reversing.
Relative Strength has peaked and is reversing.
I put a Fibonacci Retracement on the price for perspective.
