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Archive for January 4th, 2012

Posted by Martin January 04, 2012

New trade – GLD butterfly

When looking at GLD recently, we can see that it broke below its 200 day MA as well as it broke thru its long term trend. It seems GLD is poised to go lower. Today the market showed a bit weak trading (compared to yesterday’s big move), so I believe, GLD can get lower during Continue reading →