NFTRH Update, Key ETF Charts
GLD turned last week’s resistance to support, which is now being tested as Ukraine hype unwinds and FOMC looms. This is a still bullish chart working off an over bought condition.
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NFTRH Update, Key ETF Charts
GLD is in consolidation at resistance. It is bullish until proven otherwise. Support is anywhere from the visual lateral support at 122 to the gap and moving average convergence around 125.
NFTRH Update, Key ETF Charts
GLD has reached the resistance that is the initial objective for the rally off the December bottom. On its bull signal but at a logical point of consolidation or reaction.
NFTRH Update, Key ETF Charts
GLD is on a strong bull signal, but getting over bought as it heads toward the equivalent of gold 1340, our short term target. Over bought is seen in distance from EMA’s 10 and 20. A pullback would be normal.
NFTRH Update, Key ETF Charts
GLD climbed above lateral resistance yesterday and moved above the trend line. It is on a bull signal by all data points. The pattern measures to 129 assuming the green line holds as support.
NFTRH Update, Key ETF Charts
GLD is on a weak bull signal. It must get above the downtrend line or risk fading to neutral or bearish.