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JEby u/jelena86·59mAnalysis

Watching $GLD for a bounce

It looks like $GLD might be establishing some support around the 364.78 area, which aligns with previous resistance now turned potential support on the daily. I'm not calling a bottom, but if it can hold this level through the next couple of sessions, we might see a move back towards 368. The obvious invalidation would be a decisive close below 364.5, which would open up further downside.

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