Friday, November 11, 2011

GLD Update and DZZ request

Gold is close to offering up a decent short trade...
 GLD 1 min

 GLD 2 min

 GLD 5 min

 GLD 15 min

 GLD 60 min

 DZZ 1 min

 DZZ 5 min

 DZZ 15 min

 DZZ 30 min

DZZ hourly.

DXX, the leveraged short ETF for gold, is not quite there on the short term charts, but very close to a handsome looking long position (short GLD). You may want to take a closer look, this is excellent confirmation between the horrible GLD harts and very bullish DZZ charts

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