GLD is trading in an extremely tight range between the red and yellow lines and continues test overhead resistance from the peak in 2011. It looks to me like it is only a matter of time before it blasts through and attacks the all time highs. Very very accommodative Fed. This is where you must decide if you are joining the train. Either way, I'm just happy to see GLD knock knock knocking on heaven's door.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.