Last night on the “Off the Charts” newsletter, it was stated that GLD was looking like it was setting up for an interesting trade to the downside as it hovered by the accelerated downtrend. This morning, GLD gapped down and opened at $174.61, below yesterday’s low of $176.05. The break of the accelerated uptrend was targeted at $175/$174.50. GLD is trading below the break of the uptrend…
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