GLD has now closed below its critical 30 week average (red solid line). It could be forming the right shoulder of a head and shoulders bottom formation or be starting a new leg down. Time will tell. Click on chart to enlarge.
Stock Market Technical Indicators & Analysis
GLD has now closed below its critical 30 week average (red solid line). It could be forming the right shoulder of a head and shoulders bottom formation or be starting a new leg down. Time will tell. Click on chart to enlarge.
glad I did not rush to invest, even after IBD proclaimed “market Uptrend” !! Fools Rush in…
The jury is still out……