A quasi-TTM Squeeze happened (orange up arrow) coupled with ADX momentum peaking which resulted in gold 
GLD going lower. The large wick circled shows this is a retracement to resistance before heading south again.
GLD going lower. The large wick circled shows this is a retracement to resistance before heading south again.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.