Fr33zerPop
Long

5 reasons I like GLD at $123 on 8/13

AMEX:GLD   SPDR GOLD TRUST
This seems like the most likely reversal point and has 5 good reasons: Notice the convergence of 1) upward trend channel lines, 2) downward trend lines 3) support/resistance 4) a round price point, $123.00 5) Major recent hi/low fib support.
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