On May 2nd - We issued to start accumulating GOLD Again. Today ( the next trading day ) $GLD is up 3.2% $UGL up almost 7% $SHNY up @ 9%
#ThatsHowWeDoIt#GoldDogs#Gold
$GLD Today was the highest daily volume since March 2022. And the 5th highest since the Covid lows.
Look at the healthy pullbacks that incurred on these past highest daily volume days.
Are we due to see something similar? If based on past performances, we could see a 8% mini drawdown from today's 317 peak, which should take us to around 292ish.
FWIW!