Tuesday, June 29, 2010

Gold ETF - 29/6/2010

Gold ETF remains on "hold".

MACD above Zero, but below its signal line.
RSI, above mid-line, but only just.
W%R, above mid-line.

On the chart itself, today's candle held above the short-term uptrend line and closed just above the 18-Day SMA.

This is looking shaky - but no sell signal yet.

But - you have to make up your own mind. This is just my opinion.

Cheers
Red

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