A retest and close above the 5/26 gap on light volume would be a bullish setup. Gold will likely chop until the minor cycle date in June.
Gold ETF (GLD)
Monday, June 7, 2010
Gold
Gold remains above the 12/4/09 support. This is bullish. It suggests that a breakout about the previous C-wave high has begun.
A retest and close above the 5/26 gap on light volume would be a bullish setup. Gold will likely chop until the minor cycle date in June.
Gold ETF (GLD)
A retest and close above the 5/26 gap on light volume would be a bullish setup. Gold will likely chop until the minor cycle date in June.
Gold ETF (GLD)
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