Gary Berman Blog | FIBOCALL: GLD and our long term selling zone | Talkmarkets
Principal / Technical Analyst
Contributor's Links: The Fibocall LLC

Gary Berman is a member of the Market Technicians Association since 1987, providing institutional clients Technical Analysis Research for over 25 years. Author for the REAL MONEY PRO section of THE STREET.com

While at Clearview Trading Advisors Inc. provided hedge funds and broker ... more

FIBOCALL: GLD and our long term selling zone

Date: Friday, February 24, 2017 8:54 AM EDT

FIBOCALL: GLD and our long term selling zone

GLD is poised to open with a long term overbought condition.

Our selling zone @ 119.07-121.93

I would look to SCALE sales inside the zone.

The 200 DMA @ 120.45 is inside the zone also.

I will follow up next week.

Shorts can use a close above 121.93 as a short term cover.

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