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Gold and GLD Resistance & Support Levels for the price of gold and GLD. |
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February 20, 2013: Today
Gold sits right at support of $1600. These two charts below show
resistance and support Levels for the price of gold. The second chart also shows resistance and support for gold's exchange traded fund, ETF, called GLD.
Note how a bounce off the dashed red resistance-turned-support line in April 2009 in the $800s was very bullish. Four years later, Gold is making a similar test of resistance turned support. For more information and charts, see my Feb 20, 2013 Seeking Alpha article "Is It Time To Buy Gold Via GLD?" |
More: Quotes and Charts for Gold & GLD (the ETF for Gold) Newsletter Subscribe to Kirk Lindstrom's Investment Letter 200+ Year DOW to Gold Ratio - 1800 to December 2012 Top of Page |
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![]() For more information and charts, see my Feb 20, 2013 Seeking Alpha article "Is It Time To Buy Gold Via GLD?" |
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Disclaimer: The information contained in this web site is not intended to constitute financial advice, and is not a recommendation or solicitation to buy, sell or hold any security. This blog is strictly informational and educational and is not to be construed as any kind of financial advice, investment advice or legal advice. Copyright © 2012 Kirk Lindstrom. Note: "CORE & Explore®" was coined by and is a registered trademark of Charles Schwab & Co., Inc. |