play4trade

$GLD Parabolic Trend Broken!!!! MOMO is STILL DOWN!

AMEX:GLD   SPDR Gold Trust
4
GLD has seen a very nice down move last couple of months... Hitting NEAR very critical support now. Expecting wild bounces to slow the momentum down(to the downside). I will look to buy once I see momentum shift to the upside. Will buy at strong support area. Watch Momo... If they don't slow it down, and it continues it's downward path, they may take this to new lows... Watch closely!
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.