Browse Stacks: Patterns: Pivot Points: $GLD daily chart

$GLD daily chart

$GLD has been bouncing off its mid-April low for the past two weeks, but the current price action now presents momentum traders with a low-risk, ideal short selling entry point on an "overcut" of the 20-day EMA last Friday. Full analysis in this article: http://blog.morpheustrading.com/2762

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