Gold Market News: Gold Chart April 18, 2008

Gold Chart as of April 18, 2008

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Gold Stats as of April 18, 2008

Moving Average Price Compare

Thursday, GLD closed below its 13 day moving average. This is generally considered to be an indication of a bearish trend.

MACD

GLD's MACD is currently indicating a weak bullish signal. Although the MACD is trending above the signal line, the indicator is still below 0, which suggests that the underlying moving averages are bearish.

Stochastics

The Stochastic Oscillator is registering a bearish signal as the %K is below the %D. However, GLD is neither overbought nor oversold.

Bollinger Bands

GLD is trading within its Bollinger Bands. This is a normal condition and suggests that the stock is neither overbought nor oversold relative to the recent price action.