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Gold Soars On Shutdown Fears But Physical Demand Weakens, Buying Stocks For Window Dressing but Rebalancing Ahead - Apple (NASDAQ:AAPL)
Benzinga· 2025-09-29 14:43
To gain an edge, this is what you need to know today.Gold SoarsPlease click here for an enlarged chart of SPDR Gold Trust (NYSE: GLD).Note the following:The chart shows gold is soaring to a new high.The chart shows zone 1 (resistance) is the magnet.The chart shows zone 2 (support) is not far below.RSI on the chart shows gold is overbought and vulnerable to a pullback. More importantly, RSI is showing a divergence. A divergence often foretells a pullback unless there is macro news.Prudent investors should ...