The
SPDR Gold Trust (GLD) is posting a moving average undercut & rally (MAU&R at its 50-dma. That is a long entry using the line as a tight selling guide.
![](/uploads/reports/2024/7334/c279289_1717601635506.jpg)
If this holds up, watch for the
iShares Silver Trust (SLV) to potentially do the same along its 20-dema. Silver futures are testing $30 support and are currently trading at $29.98 an ounce as the SLV turns to the upside.
![](/uploads/reports/2024/7334/c924518_1717601720754.jpg)
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