Technicals Show Further Downside Ahead For The SPDR Gold Trust ETF (GLD)

NYSE:GLD April 15, 2013 9:44am

bearishNearly a month ago, in our March 18 blog post (part 1), we said, "The impressive, long-term uptrend in gold (from 2005 to 2011) appears to be reaching an end. Since forming an all-time high in September 2011, SPDR Gold Trust (NYSEARCA:GLD), a popular ETF proxy for the spot

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