After more than 10 months of decline while religiously following the downward trend line, UNG finally managed to break above it today. The 5 DMA has crossed 15 DMA, which has flattened out. The closing price is $0.24 away from 50 DMA.
GLD also broke through the downward trend line but average volume has declined over the past 2 months. Its 5 DMA is above 15 DMA and today's closing price is just above 50 DMA.
Disclaimer: No position in any of mentioned securities.
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