ucspider

GLD - Short, if continue lower

Short
AMEX:GLD   SPDR Gold Trust
Moved back up after a gap (gap is filled). Looks like it can bounce down after hitting the 50 Exp Moving average. Oscillators high and can turn down - if continue bearish they have plenty of room to go.

Go bearish if we continue below 114.38 with a stop at 116.01. Target 109.97
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