Price of gold , as seen on GLD ETF chart, reversed its course.
GLD, Gold tracking ETF, shows buying action again.
GLD price is right below its trendline resistance. A breakout above current small range can be a buying opportunity.
GLD – Gold tracking ETF – forms a bullish chart pattern near $130 resistance.
Gold’s price keeps above the 50day moving average and it signals still bullish mood.
Gold moves in a pullback and signals a possibility for a breakout move up.
Gold – XAUUSD – made a push above the 200-day moving average.
Gold price moves in a pullback. Its price range is well defined in a pattern