that said, remains to be seen what kind of pullback unfolds; all
the way back to the channel line, or more, or just form a higher
low flag as the pattern could morph into a handle of a cup and
handle
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GLD Updated View
Posted by steve on 21st of Mar 2023 at 12:35 pm
GLD - Chart Link - posted pre-market and you can see the reaction down from Supply
GDX evening star pattern unfolded
This pullback in GLD should
Posted by junkie on 21st of Mar 2023 at 01:53 pm
This pullback in GLD should be bought. My buy target is 1932 on /GC for a likely low. 1936 is a minimal target for this pullback.
There is no divergence at the high on the daily chart. The all-time high should be retested next.
Nice chart Steve
Posted by arun on 21st of Mar 2023 at 12:45 pm
Nice chart Steve
short trigger was 1 penny
Posted by matt on 21st of Mar 2023 at 12:49 pm
short trigger was 1 penny off yesterday's doji
that said, remains to be seen what kind of pullback unfolds; all the way back to the channel line, or more, or just form a higher low flag as the pattern could morph into a handle of a cup and handle