GLD (gold ETF) has hit the 183.77 target with “potential” negative divergences. Consider booking partial or full profits and/or raising stops if holding out for additional gains. I’ve also added another potential target around 186.90. Previous (July 7th & 12th) & updated 60-minute charts below.
GLD 60m July 7th
GLD 60m July 12th
GLD 60m July 18th
Likewise, SLV (silver ETF) is coming up on the 23ish price target with gold currently trading at resistance. As such, the odds for a reaction are elevated at this time. Previous (July 7th & 12th) and updated 60-minute charts below.
SLV 60m July 7th
SLV 60m July 12th
SLV 60m July 18thGLD