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GLD Bounce Off Support Likely Over

After the expected initial reaction/bounce off the triple intersecting support levels, GLD is now backtesting the 65-period ema which has done a nice job of support & resistance on the 30-minute time frame.

GLD 30-min Feb 26th

GLD 30-min Feb 26th

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2017-03-08T21:19:58+00:00 Feb 26, 2016 2:57pm|Categories: Gold & Commodities|Tags: , , |Comments Off on GLD Bounce Off Support Likely Over