GLD continues its slide... GLD is now down about 3.5% in the last 2 days.
The 15 min chart shows the bigger picture and was negative at GLD's highs.
However, the short term intraday picture on this 1 min chart suggests a bounce in GLD, which you may want to consider as an entry point for a position in something like DZZ, however, my preference would be to cautiously phase in to the position, adding as the trade moves in your favor.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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