DAILY CHART
WEEKLY CHART
- 2nd Char the weekly time frame shows a MACD sell signal.
- If the weekly up trend line and 200 SMA does not hold the Weekly MACD sell signal will be effective and price may fall towards the support zone between 59 - 60 as shown shown in the second chart.
- Bulls must hope that price does not breach the support area and 200 SMA near 64.90 on closing basis.
- GLD WEEKEND UPDATE
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