Tag Archives: gold etf

Gold Is Going to Make Up Its Mind: Here are the Market Timing Parameters

Posted on January 6, 2011 by David Durand

Gold as represented by the GLD in the chart below has closed below the 50 day moving average, which excites the Bears. Although gold could simply continue down here, we have to askwhat could support a rally on a technical … Continue reading →

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Don’t Buy More Gold Yet: Here’s why

Posted on January 3, 2011 by David Durand

Gold has bounced off of support represented this time around by the 50 day moving average and it now approaching the prior highs. Actually today, it’s pulling back a bit as the US dollar strengthens slightly. The chart below shows … Continue reading →

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Gold Broke Its Shoulder

Posted on December 16, 2010 by David Durand

Gold broke its shoulder yesterday, BUT it has not yet broken the base of the head and shoulders formation that has formed. Awwww poor gold. When I say it broke “its shoulder,” I mean that the GLD gold ETF traded … Continue reading →

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