claydoctor

GLD descending triangle with oppo indicators

Pembelian
AMEX:GLD   SPDR Gold Trust
1
I want to correct a previous post referring to the GLD set up as a triple bottom, when IT IS NOT. It is a descending triangle, which should then break down, however, the previous descending triangle broke out upward, and the indicators now say we break out upward also. So chart stats and indicator are in conflict. The one thing for sure, we find out tomorrow or this week what is up or down. Leaning up. Watching dollar strength fade lately, Yen and euro safe haven stronger (for a change). Commodities spike?
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