Now the 5/19 overhead gap, B, is pulling hard. A break above that and 12/4 resistance on a sign of strength would be extremely bullish for gold.
Gold ETF (GLD):
Wednesday, May 26, 2010
Gold
Test of the 5/6 gap, A to A, occurred on a big reduction of volume. This suggests a bullish setup.
Now the 5/19 overhead gap, B, is pulling hard. A break above that and 12/4 resistance on a sign of strength would be extremely bullish for gold.
Gold ETF (GLD):
Now the 5/19 overhead gap, B, is pulling hard. A break above that and 12/4 resistance on a sign of strength would be extremely bullish for gold.
Gold ETF (GLD):
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