Let's Make Money - Stock to Watch - SPDR Gold Trust (GLD) - Back In Gold

in #stocks4 years ago

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I got back on GLD yesterday.

It is trading near over sold territory and the volume has been below average.

I am trading the Descending Triangle pattern with the support at $174.

If this level breaks then the next level is at $170.

The resistance is at $178 and the 50 day moving average.