iShares Gold Trust Getting Very Oversold
November 06, 2015 at 10:59 AM EST
In trading on Friday, shares of the iShares Gold Trust ETF (IAU) entered into oversold territory, changing hands as low as $10.49 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100..