Redback's Australian Stock Market Report
A daily report on the Australian Stock market and selected Australian stocks.
Thursday, July 8, 2010
Gold ETF - 8/7/2010
That seems unambiguous. The Gold ETF has broken down. It is confirmed by the MACD falling below zero. The daily RSI is below its mid-line.
This confirms the upward movement in the general stock market.
Cheers
Red
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