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                Windsurfing at Palo Alto in SF Bay in May 2009  Gold and GLD Resistance & Support
 
Resistance & Support Levels for the price of gold and GLD.
Kirk                Windsurfing at Coyote Point November 2009
Kirk                Windsurfing at Coyote Point November 2009
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Quotes and Charts for Gold & GLD (the ETF for Gold)
 


December 4, 2019Resistance and Support Levels for the price of gold and its ETF GLD. 

The Daily point and figure (P&F) price target is undefined but it is currently in a 3-box reversal downtrend. It now shows 4 boxes down but no target.  Often these target the last peak box which would be any of the peaks between $136 in 2013 and $130 in 2016.

I don't currently own gold as the alternatives I have recommended in my newsletter for inflation protection and pure performance, such as REIT funds and US stocks, have done much better.  This could change.

 Resistance & Support Levels for the price of gold and GLD 

Daily point and figure (P&F) pattern for a "Traditional, 3 box reversal chart: 


Point and Figure chart for Gold Price
Quotes and Charts for Gold & GLD (the ETF for Gold)

DOW to Gold Ratio


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