AMEX:GLD   SPDR GOLD TRUST
Looks bearish on a long-term timeframe.......looks like a macro bear flag pttn. w/ a tgt             . of around 80 for the extn. of the move......of course if it b/o of the upper trendline around 125-126 to the upside then the pttn. is not valid.....if it trend down to the lower end of the range & then b/o to the downside of the pttn. around 110 then it could go to the tgt             . zone of 80-87 lvls......as always......watch volume for confirmation
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