nok.teva
Long

gld week chart

BATS:GLD   SPDR GOLD SHARES
122 0 0
Now the price are testing 61.8% fibo retracement and this is the strong support. There are 2 fibo supports, 61.8% of retracement and 200% of extension. If there's lower prices, it will effect the big trend

At first, RSI showed weak divergent and then the price has rebounded shortly. After that , RSI looked like something is divergent
Next, MACD seem to get medium bearish divergent That may occur in turn-around movement.

Moreover, if there's still in sideways movement like this , the price will hit the cloud and the cloud is big and thick.
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