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What Next After GLD Falls More Than 4% In A Day

|Includes:SPDR Gold Trust ETF (GLD)

With SPDR Gold Shares (NYSEARCA:GLD) falling more than 4% as on yesterday's close , we looked at how GLD fares over the next 1 - 5 trading days.

as can be seen the table below

- over the next 1 day the average change was 0.23% with 54% being positive

- over the next 2 days the average change was 0.38% with 64% being positive

- over the next 3 days the average change was 0.1% with 54% being positive

- over the next 4 days the average change was -0.64% with 31% being positive

- over the next 5 days the average change was -0.5% with 46% being positive

GLD 4% or more since Jan 2005

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Stocks: GLD