Today the GLD broke major resistance as it broke out of the triangle it has been trading in and on strong volume and closed near the highs of the day. GLD gapped up and opened just above triangle resistance and began rallying.
The GDX also broke out of its triangle pattern on strong volume.
ABX NEM
Commodity Roundup for September 2, 2009
Today the GLD broke major resistance as it broke out of the triangle it has been trading in and on strong volume and closed near the highs of the day. GLD gapped up and opened just above triangle resistance and began rallying.
The GDX also broke out of its triangle pattern on strong volume.