goodguy

Gold: At a moment of truth.

AMEX:GLD   SPDR GOLD TRUST
177 0 3
About a month ago when GLD             was at .4 I suggested we were likely going to have a correction to retest the recent low. That turned out to be true. It looks to me like we are in a declining wedge at this time. It may continue down short term to hit the lower wedge trend line but it could pop up from here. Personally I will be looking for a bullish candle formation on the daily chart before going long. Then add some when the longer term down trend line is broken. If my longer vision of GLD             being in a very large triangle is correct we could have a choppy but sizable longer term up swing from here. Take care. Have a great weekend.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out