SPDR Gold ETF (GLD): Short Term Rebound

SPDR Gold ETF (GLD) retraced back to test the neckline resistance turned support (of Inverted Head and Shoulders) at about $115. Base on current chart pattern, GLD seems like going to have a short term rebound towards the resistance between $122-$125.

GLD Feb28-2015

See last analysis of GLD here.

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