Friday, February 14, 2014

View on GLD, GOLD, BLING


See GLD chart, it getting to the oversold level on RSI, also it went above the upper BB, may want take profit on long in GLD or at least use a stop, cause a pullback will happen soon. Only MACD doesnt confirm a pull back yet, seem it can go higher. So most likely a pull back and going higher


Short term: Neutral (Pull back soon from this bull ride)

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