GLD - Pullback in progress

- After a fantastic run since posting the idea, we have reached an overbought level and breaking below the 20 day moving average .

- I will be locking in profits and looking to buy again if we can test the 50 day moving average and find support or if price action changes in the next few
days ahead.

- Note that a weakening dollar has a negative effect on this ETF.


-- MANAGE YOUR RISK - -

Disclaimer: All ideas are my opinion and should not be taken as financial advice.