AssetDesign

GLD - Time to Take Some off the Table?

BATS:GLD   SPDR Gold Trust
While I'm still looking for higher prices, eventually, recent gains are too good to pass up. Line chart shows a three week testing of the high and at the moment, appears to be failing. Big move the past couple of days including this morning tried to push prices higher but this morning's big move was met with selling taking it off of overbought highs.

Looking for some pullback to test the 200 level.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.