Looking for long term trade entry around here, between $46.50 - $48. Will it ever come back to this level, only the $GLD Gods know. Check out $PAAS, $AUY, and $ABX for the next BULL pullback!! Let's make some fiat $$$$!!
I look forward to this penny stock causing major fireworks in the next year. AUY symmetrical triangle starting to form here with odds to the upside looking better than a downward continuation. If GLD has a major breakout soon this miner will have an awesome rocket ride to the moon.
Will the fed raise interest rates? Who knows and who really cares, eventually they will have to. GLD worlds diverge here with long term potential test of the 2009 breakout support and a descending triangle breakout. I believe we have better odds bouncing upward from here.
After the FOMC Janet Yellen show / meeting we were bullish for a few minutes to an hour then a quick reversal to close for the S&P / SPY. We have a bearish flag and a bearish shooting star on the daily. If we end Friday with another red candlestick we could be in the danger zone on Monday!! Thoughts ...