GLD has been trending up and the chart shows that volume is increased in April / May as
compared with March and is about relatively 2X. GLD is now priced at its all time high.
On the trendline drawn, GLD is rising at a rate of approximately 5% monthly. Gold prices are
reacting to economic uncertainties and the dollar value having its challenges.
Today, price is down 1-2 % dropping towards the bottom of the Bollinger Bands providing
a good long trade entry. Stop loss is one dollar below the bottom band while targets are
at + 5% + 15% and +30% as a long duration swing trade expecting rising gold prices for at least
six months. See also my idea on XAUSUD / Cup and Handle
compared with March and is about relatively 2X. GLD is now priced at its all time high.
On the trendline drawn, GLD is rising at a rate of approximately 5% monthly. Gold prices are
reacting to economic uncertainties and the dollar value having its challenges.
Today, price is down 1-2 % dropping towards the bottom of the Bollinger Bands providing
a good long trade entry. Stop loss is one dollar below the bottom band while targets are
at + 5% + 15% and +30% as a long duration swing trade expecting rising gold prices for at least
six months. See also my idea on XAUSUD / Cup and Handle
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.