Source: FXStreet.com
GLD: The Golden Buying Opportunity Approaches
SPDR Gold Shares (GLD)/gold has had an interesting several months. GLD/gold had an incredible run-up in about a 3-month period, from late May to the start of September. In fact, the yellow metal appreciated by a remarkable 23.5% in that time frame, which for gold is quite a lot to say the least.
Gold 1-Year Chart
Source: StockCharts.com
GLD 1-Year Chart
Silver, a metal that naturally follows gold had a nosebleed run-up of nearly 40% in a similar time frame, which began around the time