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GLD: Bullish Bias
SPDR Gold Trust
Long
GLD: Bullish Bias
By EnsoAM
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May 14, 2020
3
May 14, 2020
GLD
is attempting a bull flag breakout with volume after confirming an inverted SHS formation - investors continue to hedge in safe haven assets.
We are bullish biased while we wait for opportunities in the equity markets.
Continue to reiterate stock picking of fundamentally strong stocks around a "lockdown" theme (e.g. e-commerce & tech).
EnsoAM
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Technical Indicators
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