2waytrading

Stoch RSI Extreme Oversold level

Long
AMEX:GLD   SPDR Gold Trust
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Friday there was a bid for GOLD not sure if that will continue. $GLD follows unique pattern for price cycle if that is a good start, we expect the price to bounce back to 166 area before it prints a new lower low. If you decide to take a long position make your stop loss at $158.3 with target price 166.50

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