Gold: Watch GLD

Gold continues to move higher. On September 5, 2025 it was noted that the current peak in the Gold Miners Bullish Percentage Index ($BPGDM) should be followed by a minimum daily volume above 30 million shares in GLD. When this occurs it indicates Market Maker’s have run out of buyers and a consolidation phase should start. This is still the case.

Note that this information is for educational purposes only and not a recommendation.

Stock charts courtesy of StockCharts.com.

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