Ticker:
- GLD and SLV
Topic:
- Perfect BEAR Trap for previous metal.
Lesson Learnt:
- Gold and Silver looks like TOP, but just when you thought so, it went higher. The Gold bugs are not going to give it up so easily.
- Watch intraday activity closely. They bounced back good after touching the 50MA line two times. That clearly tell you that it is a BEAR Trap.
| Intraday Chart |
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| Historical Chart |
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