SPDR Gold Trust: Pivot points, pivot high broken (TheFlyOnTheWall)
FLY ON THE WALL 6:02 AM ET 6/22/2017
The following are the pivot points for the SPDR Gold Trust (GLD). Pivot High: $118.845, Pivot Low: $118.335. These were calculated using the DeMark method. It is generally believed to be bullish when price breaks out above the pivot high or bearish when price breaks down below the pivot low. At time of writing in the pre-market, price had broken out above the pivot high.
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