GLL Makes Bullish Cross Above Critical Moving Average

In trading on Wednesday, shares of the ProShares UltraShort Gold ETF (Symbol: GLL) crossed above their 200 day moving average of $25.21, changing hands as high as $26.25 per share. ProShares UltraShort Gold shares are currently trading up about 8% on the day. The chart below shows the one year performance of GLL shares, versus its 200 day moving average:

Looking at the chart above, GLL’s low point in its 52 week range is $15.60 per share, with $45.98 as the 52 week high point — that compares with a last trade of $26.30.

Click here to find out which 9 other ETFs recently crossed above their 200 day moving average »

Further GLL Research:

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