Here’s the Gold Chart:
GLD ETF is in an exponential move to the upside. After a big gap up last night, it moved higher, then encountered intra-day selling to finish with a shooting star doji candle. The GLD price finished below its opening quote. Given this big upside move, such a candle suggests the next move will be down. Buy the dip.
XGD Chart, page-7
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Last
8,902.8 |
Change
110.900(1.26%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,791.9 | 8,943.1 | 8,791.6 |
| XGD (ASX) Chart |
