GLD is getting very near to 261.8% FR now. Current Level is $171.9. This $173.76 is also the Resistance for the past 2 years.
- Daily Candle showing Bearish Harami.
- 2/5 EMA is still bullish on both Daily and Weekly Chart.
- Expect retracement at this tough resistance.
See Previous Analysis. 261.8% FR was redrawn in this post.