Gold Technicals Encouraging, Extend Gains

MarketsETF Trends

This article was originally published on ETFTrends.com.

The SPDR Gold Shares (NYSEArca: GLD), iShares Gold Trust (NYSEArca: IAU) and other gold exchange traded funds rallied last week, extending already solid year-to-date gains. Some technical analysts believe the yellow metal could offer even more near-term upside. GLD is the largest physically backed gold ETF on the market, providing investors exposure to gold price movement in an [...]

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