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No changes on the GLD pattern - energy is building. Under the bullish view it should break hard soon (bearish view simply shift wave (a) to the first bounce)
GDX bounced near its rising 20 day MA - ideally one more push up in the wedge
GLD looks like it finally could be decoupling from the Market.
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No changes on the GLD
Matt - Any updated thoughts on the GLD triangle/waves?
Posted by steve on 13th of May 2020 at 04:08 pm
No changes on the GLD pattern - energy is building. Under the bullish view it should break hard soon (bearish view simply shift wave (a) to the first bounce)
GDX bounced near its rising
Posted by steve on 13th of May 2020 at 04:10 pm
GDX bounced near its rising 20 day MA - ideally one more push up in the wedge
GLD looks like it finally
Posted by ssaffer on 13th of May 2020 at 04:10 pm
GLD looks like it finally could be decoupling from the Market.