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Gold GLD Buy Signals Pending

GLD is likely to backfill this gap soon. Awaiting both MACD lines to cross the zero level along with a bullish cross on the 13/33 ema pair (histogram at bottom) to confirm. If so, that should be the impetus for the next thrust up in the gold miners & a move up to my next GDX target of 14.45.

GLD 60 minute Nov 19th

GLD 60 minute Nov 19th

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Nov 19, 2015 3:54pm|Categories: Gold & Commodities|Tags: , |Comments Off on Gold GLD Buy Signals Pending