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December 4th, 2019: GLD Chart Update

Posted by pugsma on December 4, 2019

On the daily chart, GLD looks to have completed a bullish falling wedge (bull flag) at 136.19 with a target of 157.45.

This agrees with the GLD weekly chart, where the Inverse Head and Shoulders (IHS) pattern has a target of 158.81.

GLD Daily Chart:

Gold Technical Analysis

GLD Weekly Chart:

Gold Technical Analysis

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