GLD chart
Well GLD and Gold had an interesting day gapping down due to some major banks selling derivatives to China. But here again this is where Pivot levels play such a part in trading. Take a look at the chart above as it speaks for itself on the affinity of the Weekly Pivot S2 level which held as support for today.
Blog description
- Rodney
- A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.
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