Shares of GLD Now Oversold
September 11, 2014 at 11:09 AM EDT
In trading on Thursday, shares of the SPDR Gold Shares ETF (GLD) entered into oversold territory, changing hands as low as $118.77 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100..