I Don't have a position in Gold now, but I will probably open one soon again. I would sell gold below the red line and I would be neutral above it. I would also sell when Gold touches the yellow line (tight stop loss above the last 2 lines); I would be a more aggressive seller if it reached the blue line. However once it is above the blue line, I would be bullish in Gold. I would also be a bottom fisher in
GLD if it reaches around $100 (the bottom grey line)
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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.