April 28, 2013

GLD Weekend update

  • GLD Daily chart has filled a GAP and price is testing 20 Day SMA.
  • Price must trade above 20 Day SMA For a bigger up move to unfold.
  • Price is also testing the previous channel support line which may act as resistance. So any weakness here may resume correction towards the lows again. Further Strength on closing above 20 Day SMA.
  • APPLE WEEKEND UPDATE
  • S&P 500 WEEKEND UPDATE
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