GLD Gains Ground Against Bitcoin
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Downtrend activity in the SPDR Gold Trust (NYSEARCA:GLD) that has been visible since last August is finally showing signs of breaking to the topside. For many investors, this bullish activity couldn’t have come soon enough given the extended declines that have been experienced by the fund for most of the last nine-month period.
However, even with these recent gains, the SPDR Gold Trust is still down by more than -8.6% since August 6th, 2020. Ultimately,…
