The double bottom would only be confirmed with a move above
117.27. Adhere to your plan/stops. You may want to wait
for a signal on the daily chart unless you're nimble. Also, I
posted earlier that the US Dollar was still moving higher and one
should continue to monitor. Bottom line is that GLD trend remains
down UNTIL evidence changes.
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gld
GLD Views
Posted by sabinemarc on 18th of Nov 2016 at 10:17 am
When will we consider a real failure of the double bottom here?
The double bottom would only
Posted by steve on 18th of Nov 2016 at 10:32 am
The double bottom would only be confirmed with a move above 117.27. Adhere to your plan/stops. You may want to wait for a signal on the daily chart unless you're nimble. Also, I posted earlier that the US Dollar was still moving higher and one should continue to monitor. Bottom line is that GLD trend remains down UNTIL evidence changes.