CalebDismuke

110 support level fails to stem tide(GLD)

AMEX:GLD   SPDR GOLD TRUST
I am in wait and see mode. If GLD can close back above 110 at the end of the week, I might look at taking a small position.

FOMC meetings can produce fake moves with little to no follow through the next day.

Any thoughts? Please leave them in comments below.

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