GLD Forecast 10/13/2015

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201510.13

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GLD Forecast 10/13/2015

The Gold ETF Proxy GLD has followed through to the upside as forecast. We are forecasting a breakout above the 8/24/15 highs. There is an area of resistance highlighted with an ivory box on the chart which could cause a moderate reversal, so we will wait until that area is tested to provide a better measurement of odds at that point.

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