SPDR Gold Trust ETF (GLD)
SPDR Gold Trust ETF (GLD) chart analysis ; 1) If you have been reading me for a while, you know how I "hate" to see a clear parabolic rise.2) If GLD does NOT break out above that red arrow, expect the purple arrow scenario, and /or a sideway pattern between the light green and red arrow (could last over 2 weeks).3) If we do break out to new highs (black arrow), it will be a very clear parabolic rise ; warning, they always end up crashing ....Gut feeling ; If you HAVE to buy Gold, wait for a clear strong pull back, do NOT chase it.
