What Does TSI and MFI have to do with GLD?

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Answer: The TSI (True Strength Index) and MFI (Money Flow Index) indicators tell you when to SELL GLD.
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The technique I demonstrate with this chart is different from previous techniques that concern observing either a positive and negative momentum divergence.
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Using this technique, one simply draws the trend line of the indicator itself and when the trend line breaks down, you know to SELL.
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See for yourself.  Oh, and notice how the TSI usually gets it right an hour or two before the MFI.  Another reason why the True Strength Index indicator is my favorite!
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GLD hourly chart for the past 8 weeks
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Click on the chart to ENLARGE