What is notable is not so much that GLD-SPY is threatening the next fan line, as that it was up yesterday on a market down day and then up again today on a market up day. At least I think it is notable.
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Gary, the daily MACD is most notable to me. The year-long coiled MACD is finally breaking upward out of its coiled triangle formation at a time when sentiment for gold and silver is in the dirt. It is the perfect risk reward now that we have an established solid base at GLD 150. Onward and upward.
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