After the recent failed breakout/bull-trap, GLD (SPDR Gold Trust) has pulled back to a key support level which is defined by multiple gaps over the last 8 months or so. That, combined with the fact there are some potential positive divergences forming on the 60 minute charts makes this an objective time to start adding back some exposure (or initiating a new position) in GLD and/or the mining stocks including GDX, which is also now approaching a substantial support level which is best viewed on the 60 minute chart.
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GLD daily March 24th