Gold has swung from overbought to oversold, making gold-related exposure a good place to start deploying capital. Last week gold fell 10% as Brent jumped 9% to $112 on the Iran war and hawkish central banks lifted yields; losses on stocks, bonds and metals at once usually signal forced deleveraging near a short-term bottom. Only 18% of tracked technical metrics were oversold against a ~50% bottom threshold, though escalation could push it there, and little good news on Iran could spark a rally. x.comÂ