GLD also came through with enough volume for a pocket pivot volume signature, making for something of a bottom-fishing pocket pivot of its own, but in this case off the 200-dma. GLD is currently bumping up against its 50-dma. If one were going to trade the GLD here, the 200-dma becomes your downside guide for a stop.
PPR - GLD follows SLV into Pocket Pivot Land
|Published:||20 Jan 2012 21:03 ET|
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