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  • What Next After GLD Falls More Than 4% In A Day 0 comments
    Apr 14, 2013 9:02 PM | about stocks: 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.

    Themes: Gold Precious Metals, GLD Stocks: GLD
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