GLD showing the signs of a bottom channeling. Sorry bears

Jul 31, 2018

Clear floor being set with volume on GLD, the test of lows brought in demand again and straight line move off bottom. Someone is buy the lows with vigor and using this range to cover shorts from spring highs and accumulate. Bears need to go on vacation or take profits before MM does. FOMC or JOBS numbers could set off the rocket. Cheers