Don't Ignore This Chart!

PnF Objective is Bullish for Gold


The Point&Figure chart for the Gold ETF (GLD) is bullish with an upside target at 105. PnF Charts at show bullish or bearish price objectives above the chart on the left. GLD broke above its prior highs and clearly shows strength.

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Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More
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