Gold ETF (GLD): Right Time To Short Again?

GLD rebounded recently from $115 back to $120 and looks like rejected by this Down Trend Channel resistance. There is also a support turned resistance zone between $120 & $122. Expect GLD to continue the slide base on the chart pattern.

Original post by Marubozu @ My Stocks Investing Journey.

GLD Jan15-2014

 

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