GLD - nice to see the bear flag playing
out. The gold tested the 150 day MA again today, but dang it
I really want it to see it break the late Sept low and test the 200
day MA or uptrend line, then the MACD will have positive divergence
and I'll be loading up.
Gold nice
Posted by matt on 20th of Oct 2011 at 12:11 pm
GLD - nice to see the bear flag playing out. The gold tested the 150 day MA again today, but dang it I really want it to see it break the late Sept low and test the 200 day MA or uptrend line, then the MACD will have positive divergence and I'll be loading up.
GLD
But GLD has bounced off the MA 144 around 9 times..doesn't a close below that level really indicate something IS different this time?
Posted by hurricanemalta on 20th of Oct 2011 at 12:51 pm
Matt, are you going to
Posted by sbwoman on 20th of Oct 2011 at 12:16 pm
Matt, are you going to buy some at this level, just in case this is the low? Or are you holding out for the 200 MA?