memoryloot

After seeing signs that I can make a few bucks from GLD, I decided to jump back into the fund. The signs are there for a good upswing: the price today crossed the 200 day moving average, entered above the upper Bollinger Band, RSI indicates that it isn’t oversold or overbought, and finally the cross in the MACD line indicating a potential bullish uptrend. Don’t forget to look at the price. We’ve got 6 consecutive up days.

This entry was posted on Wednesday, September 27th, 2006 at 7:03 pm and is filed under Finance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.