goodguy

GLD Gold: Is it close to a correction?

做多
AMEX:GLD   SPDR Gold Trust
Looks to me like once we reach the short term target (yellow box) we may well have a correction to close the gap. Will be looking for a trend line break or reversal candle pattern.

Note the negative reversal in the weekly RSI and the bearish divergence in the daily RSI.
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