SPDR Gold TrustLong
#GLD giving a Cup and Handle formation on the monthly chart
Setting up for a breakaway move that can give us a good upside on Gold
The breakout level has been visited multiple times and getting weaker with every attempt. Should give way soon and give an explosive move.
Will need some sustained presence above the breakout price for a few weeks to be validated as a breakout. Interesting to wait and see the next moves on nthis chart
The breakout level has been visited multiple times and getting weaker with every attempt. Should give way soon and give an explosive move.
Will need some sustained presence above the breakout price for a few weeks to be validated as a breakout. Interesting to wait and see the next moves on nthis chart
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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.