Market Timing Brief for the Gold ETF (GLD) Close on 10-18-2013: It’s a Start

A Market Timing Report based on the 10-18-2013 Close published Sunday October 20, 2013

GLD has attained new life by closing above a bullish wedge as seen in the chart.  There is a lot of resistance just above the close on Friday.  I cover my thoughts on all of the charts from this week in the notes on my access page.  Subscribe here: Free Subscription to My Newsletter

Here’s the chart:

gld-gold-etf-market-timing-chart-2012-10-18-close

GLD showing some new life above the wedge

Standard Disclaimer: It’s your money and your decision as to how to invest it.

Follow me on Twitter here:  Follow Me on Twitter

I thank Worden Brothers for the chart system I use to post these charts.  If you want to know more about the charting system I use every day, go to my “Other Resources” page here:  Other Resources   It makes it much easier to follow along with me if you can see the charts and manipulate them on your own computer, so it’s a great investment to have an excellent charting system.

Look for updates on the main chart tracking pages this week as I feel they are needed and comments via Twitter.

Copyright © 2013 By Wall Street Sun and Storm Report, LLC All rights reserved.

Advertisements
This entry was posted in investment, metals and tagged , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s