SPDR Gold Shares
Panjang

GLD Monthly Breakout Imminent!

173
11 month accumulation with a big range expansion in Feb. There is the possibility to expect a second level target here which would bring the price target to around $204. I'll wait till the end of Feb before entering to await confirmation of a breakout.
As long as the price stays above ~173.80 we will have a confirmed breakout.
Closing for the month above $173.80 would make the monthly range expansion greater than the previous candle, confirming the breakout.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.