SPDR Gold ETF (GLD): Breakout from Inverted Head and Shoulders

SPDR Gold ETF (GLD) breakout from Inverted Head and Shoulders and move above the 200D SMA. However GLD is going to face the resistance of the medium term declining trend resistance (green line). If GLD is able to break this resistance, there is a first sign of trend reversal.

Original post by Marubozu fromĀ My Stocks Investing Journey

GLD Jan16-2015

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