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SPDR Gold Trust
Long

Inverse Head & Shoulders on Gold

315
#Gold (GLD) busy forming an inverse head and shoulders pattern. GLD also finds itself in EXTREME OVERSOLD according to its 14-day RSI. A recovery in GLD could target $178. Little bit worried about negative momentum, but will monitor closely.
SchalkLouw
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Chart PatternsTechnical IndicatorsTrend Analysis

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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.
Chart PatternsTechnical IndicatorsTrend Analysis
SchalkLouw
Also on:

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.