GLD Adds Nearly 12 Tons

by Dan Norcini
Trader Dan

WOW… reported holdings in GLD rose to over 800 tons for the first time since August 2014. As a matter of fact, this is the largest amount of reported gold holdings in GLD since July 2014.

This is a good sign in spite of the weakness in the gold mining shares in today’s session.

It sure appears that the Fed has greenlighted the gold price rise.

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