SPDR Gold TrustShort
GLD on a downtrend
GLD appears to have completed a bearish harmonic butterfly pattern on Monday. Monday's filled green candle and yesterday's red candle confirms the pattern. A daily stoch cross is also evidence of a downtrend.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.