littleriver
Long

GOLDEN REVERSAL

BATS:GLD   SPDR GOLD SHARES
40 0 1
SPDR GOLD SHARES             ( GLD             ) has formed the reversal pattern Inverted head and shoulders . Price is currently near the fib retracement level .786 and has formed a very small unconfirmed double bottom with positive rsi divergence. I am looking for a target near 130 in the coming weeks and have a stop at 113.60.
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