GLL Crosses Critical Technical Indicator
June 19, 2014 at 15:59 PM EDT
In trading on Thursday, shares of the Proshares UltraShort Gold ETF (GLL) entered into oversold territory, changing hands as low as $83.14 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..