The $BPGDM has GIVEN A BULLISH SIGNAL with the 5 DMA crossing above the 8DMA (Rambus quote)
It would be good to see $GOLD (and therefore GLD) pull back just a wee bit to complete the right shoulder of an inverse SHS pattern. (but no further!)
The MACD signal line on the 2 hour chart has crossed bearish. This could be a good thing as long as we don’t get
TOO MUCH of a good thing! (see zoom thumbnail) The grey shaded area on this chart is GDX.