See GLD chart, we still in the upward channel, nothing change so far. MACD still positive. RSI rising nicely. Please look closely at the 50MA blue line, it starting to carve upward, that is good news for longer term hold. Yesterday sell off doesnt have much volume, so probably consolidating before going higher. We may pull back more and fill them lower gaps, but the bigger picture looks solid for long.
Short term: Bullish (weakness, may pull back to fill gap)
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