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AI Summary
StalkGLD remains in a Stage 4 decline with a clear medium-term bearish bias underpinned by sequential lower highs and lower lows beneath downward-sloping EMAs. Under the Stable strategy, we defer selling until price rallies into the downward-sloping 9 EMA and 20 EMA and shows clear rejection. A sustained close and acceptance above these EMAs would invalidate the bearish premise and require reevaluation.