Chartology: Gold (GLD) Prices Break to 5 Month Highs

Andrew Nyquist

Stock ChartsNot to be outdone by its glitter twin Silver, Gold (GLD) followed suit, breaking higher to new 5 month highs while poking its head above the 1 year downtrend line.

Gold bulls will be looking for some form of follow through and consolidation (either order) over the net week.

More charts found here.

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Gold (GLD) chart with technical analysis overlay as of August 24, 2012.  GLD Price support and resistance levels with DeMark analysis. GLD chart with trend lines and technical support levels. GLD technical analysis. Gold – precious metals. 

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