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January 2nd, 2020: GLD Chart Update

Posted by pugsma on January 2, 2020

As predicted, GLD has broken out of its bull flag on the daily chart and is targeting a new high above 146.82.  The bull flag target is 157.45.

The weekly chart PY-CB target is the 62%/78% Fib at 153.31 to 167.01.

GLD daily chart:

Gold Technical Analysis

GLD weekly chart:

Gold Technical Analysis

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