Hi Everyone
GLD finally broke out today meaning if you were patient, you’d be in a trade right now.
It’s been a pretty dramatic breakout and the OVI never got into negative territory even after the double top from four days ago.
It will be fascinating to see the early update OVI 12-16 hours, which will give us an even better advantage.
GLD OVI:
This is Monday’s GLD OVI chart.
GLD:
Here’s today’s GLD chart so far today.
With 30 minutes left it’s looking like a good day.
So, if you’re in you’ll be making money. However, do be conservative as the markets are choppy and if in doubt take a profit early.
All the best
Guy