SPDR Gold Shares
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GLD - Marking time!

91
GLD consolidating in a well formed channel now for a couple months above the h&s breakout. Also needing to consolidate its move that started last May. While SLV plays catchup and gold/silver ratio starts to normalize, expect a little more churning here. Miners will let us know when the coast is clear.
Nota
GLD appears to have taken out a downtrend line that dates back to the high from 2011. Let's see if this sticks. Miners seem to be confirming.

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