GLD has support zones of 150,140 and 120.

175 2 1
GLD             , as I have mentioned for months, still looks to test 150, and below.
A person being interviewed on Bloomberg today (2/19) spoke of Soros liquidating his long gold position. I find that odd....and bullish. In the past when he's revealed his position (selling the dollar, for example) it was at a major turning point in favor of the dollar. I don't trust these big hitters one bit.
I would only add that a reversal higher... and one that enables Gold to recapture 1650 would essentially heal the damage done... and save an ugly looking chart. An oversold bounce to 1625 means little. My concern -- a bullish concern -- is that people are beginning to talk once again of deflation. And those periods have typically been short-lived. Thus, I'd be inclined to look carefully at your near term support levels, not 120.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out