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home / news releases / GLDI - Finally A Bottom In Gold?


GLDI - Finally A Bottom In Gold?

  • Breaking below $1,800 in January opened the way for lower lows in gold. Bulls are hoping that we will begin a consolidation phase and overtake downtrend resistance levels.
  • Options Sentiment for gold has reached extremely low levels, and this means that options market participants are positioned for marginally higher prices in the days and weeks ahead.
  • Gold open interest has declined meaningfully, and lows in total open interest often coincide with bottoms in gold downtrends.

For further details see:

Finally A Bottom In Gold?
Stock Information

Company Name: Credit Suisse X-Links Gold Shares Covered Call ETN
Stock Symbol: GLDI
Market: NASDAQ

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