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GAU forms Shooting Star Candlestick on August 14
On Friday, August 14th, GAU remained flat, accompanied by volume at 0.9× the usual levels. Multiple bearish signals emerged — Shooting Star, Shooting Star Candlestick, Stochastic Sell Signal & Upper Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 2.05, 2.02 & 1.94, with resistance at 2.16, 2.24 & 2.27. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of GAU: D
There’s more where that came from. See all of today’s signals for GAU here.
Read full article here »