Price Only.

There is much ado being made about the price of gold. This ETF GLD is not gold, it is an ETF that mimcs the price of gold. The point of this chart is to show you that you can see what price is doing for yourself. You use your eyes and common sense and then you have the correct information. Prices fluctuate. This is a fact of the stock market.

There is easily seen in 2007 the uptrend in the price of gold. Since 2008, gold and the price of this ETF, has not made a new high or lower low. Pivots and trendlines tell you the facts. Price is the only truth on the chart. Learn more Trend Master CD.

Price is the Most Important Thing on the Chart

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Articles from the Schaaps.   The Midas Touch of GOLD!  

 

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Contact Dr. Schaap: stockmarketstore@yahoo.com

Sign up for the Journal for Excellence in Trading right here.  

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