$GLD Gold looks good for a bounce
I went long debit spreads this morning on GLD, looking for mean reversion to 21DMA at the least
Technically bulls have stepped in right where they needed to prevented further breakdown and defending the 157 zone support line that's played as a major pivot zone for 2+ years now.
Quick move to $162 is first PT
Technically bulls have stepped in right where they needed to prevented further breakdown and defending the 157 zone support line that's played as a major pivot zone for 2+ years now.
Quick move to $162 is first PT
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