Update on Gold (GLD) with price bouncing over the last five days, seems like some optimism creeping back in but it hasn't had any real tests of resistance yet. Three levels of resistance remains overhead for it to still push through. If it fails, i would look for that lower channel band to get tested
Gold (GLD) is almost negative on the year after breaking below the 200-day moving average. Huge support breach!
Critical moment for gold here as it is testing its rising trend-line. Perhaps a bounce?
Barrick Mining (B) has a nice basing pattern, though I don't know if I like it as much as the Gold ETF (GLD) thoughÂ
This is what happens when too many people dog pile in at the top - in this case Gold (GLD)
USD reserves continue to fall globally, while gold reserves soar.
The Gold ETF (GLD) is pulling back to its rising trend-line and so far holding that level.
This is why you can't chase moves, not even in SPDR Gold Trust (GLD)
This is going to be a massive day for the SPDR Gold Trust (GLD)Â at the rate that volume is pouring in.
SPDR Gold Trust (GLD) seeing price hit rising resistance.