[GLD] Day 1319 - Friday

Day 1,319, 06:55 Published in USA USA by Rom Paul

Day 1319

*Times shown are Eastern Standard Time (EST) & eRep Time

  GOLD  

10AM  (7:00 eRep)    OPEN:  $737  |  ⇩$3.00  |  ⇩0.41%
4PM  (13:00 eRep)    EVAL.:  $729  |  ⇩$8.00  |  ⇩1.09%
10PM  (19:00 eRep) CLOSE:  $725  |  ⇩$4.00  |  ⇩0.55%

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Updated 22:19 eRep Time, Day 1319  Reason:  Update Chart


4PM  (13:00 eRep)  Evaluation
Gold opened this morning at $737, Down 0.41% from yesterdays close. It looks like gold is starting its downtrend and didn't rise as expected. Most likely Gold will give up some of its recent gains.

We are most likely entering a BEAR market and subsequently I have downgraded Gold action from BUY to SELL / HOLD.