XGD bought the 92-96 index. It is off the path and XXed. The structure looks pretty healthy though, back indexes are in the correct order with 92-96 falling. That is typical for bull markets. I personally expect a push to $8000 before a more significant correction but that is not required for the bull case to persist. In traditional TA terms, the price is settled inside the upper trending channel with a lot of space to move up and down.
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