GLD has been trading in a range. If today's movement closes the white candle as is it will be bullish engulfing candle, which can set up for a big jump to the upside with room to run. The increase comes despite an increase in the dollar index, possible fueled by Trump's attempt to cancel Iran deal.
Bot July 125 call options. Will announce when to sell.
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follow me on Twitter @HungryforFA
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.