Gold GLD Goes Down Again – Charting the New Key Levels
With Gold resuming its primary downtrend, a sell-swing provided a great short-selling opportunity. However, Gold (and GLD) successfully achieved a key short-term support target. Let’s update our Daily Gold (GLD) Charts and pinpoint this key planning level: Gold is in a Primary and Intermediate (Monthly and Weekly Chart) Downtrend and we’re seeing a counter-trend retracement…
