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FunkyTrader
Nov 21, 2015 3:59 PM

Long term bull run coming, first we need to retest major support Long

SPDR Gold TrustArca

Description

Will the fed raise interest rates? Who knows and who really cares, eventually they will have to. GLD worlds diverge here with long term potential test of the 2009 breakout support and a descending triangle breakout. I believe we have better odds bouncing upward from here.
Comments
LastBattle
Interest rate sounds silly, the fact that most of the gold bull rallies occurs during time of FED tightening (increasing the rates)
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