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GLD

Inflation + GLD ($GLD $DXY $Sil $SPY #Gold #SPY)see full chart & Follow at www.tradingview.com A while back, you may see me call the top on Gold because it was up 25% in the last 12 months. while market was only 7%. Some things have changed since then, Gold came back down a bit, The FED (FOMC & Powell) have declared they would let inflation run wild. Interesting pattern on Gold, as market is starting to dip. we may get a slight bounce opportunity on GLD, as people panic and move into gld as hedge. What's my play? I will probably sell GLD puts at $179 to collect options premiums. What's the significance of this? KEY TAKEAWAYS About Gold -Gold has long been considered a durable store of value and a hedge against inflation . -Over the long run, however, both stocks and bonds have outperformed the price increase in gold , on average. -Nevertheless, over certain shorter time spans, gold may come out ahead. Gold vs. Stocks and Bonds When evaluating the performance of gold as an investment over the long term, it really depends on the time period being analyzed. For example, over a 30-year period, stocks and bonds have outperformed gold , and over a 15-year period, gold has outperformed stocks and bonds.
AMEX:GLDLong
by WallSt007
GOLD/SILVER RATIO UPDATEThanks for viewing, Initially posted in 2019. I was a buyer of silver bullion since silver crossed the 80 mark. That included adding significantly to the holdings during the steep drop earlier in the year. It hasn't always been a comfortable trade, but it has worked out rather well to date. What I expect next is, despite continuing tail-winds for bullion, the G/S ratio will head back towards the 50 line of the RSI/MACD. So both gold and silver will continue to gain as the money printing / negative nominal and real yields on bonds / geopolitical uncertainty / record-breaking government deficits / shortages of physical bullion etc environment continues (I expect at least 4 out of these 5 conditions to continue for at least 5 - 10 years). Silver will continue to gain at about a 2:1 ratio to gold despite overall % gains slowing down somewhat for a time (smaller, less liquid market). So the G/S ratio will level-off for a while before head further down - I HOPE to 45 or below - at which point I will sell silver and purchase (more) gold. Silver is a swing trade only as a way to gain more physical gold. I have actually bought my first silver ETF this week (my silver holdings are less than 1% ETF and gold is 0% ETF). Sorry I digress, I a strong aversion of bullion ETFs and would be very uncomfortable with any significant portion of my bullion allocation being in ETF form - if you don't hold it in your hand, it isn't yours). Gold isn't a trade and I would be unlikely to ever willingly part with it and will probably continue to add to holdings (even at much higher prices) for a very long time. Gold is unsurance, money par excellence, and the best way to hedge holding a weak base currency. If it all works out I will end up with well over twice (by weight) the amount of gold (almost 3:1 for some purchases earlier in 2020), as compared to the amount of gold I could have bought at the time I purchased the silver. I'm just using silver as leverage against gold. Medium term, an $80+ price is on the cards (yes I know that sounds rather speculative right now) and at a 1/45 ratio that would imply a gold price of only $3,600 an ounce. Remember both BofA and Goldman expect a $3000+ gold price before the end of 2021, so my trade could realistically be completed in 2021-22 (I set a 2-5 year time horizon on this trade in 2019). On a bit longer 5+ year time horizon, $5000/oz gold is more likely than not at the moment. Of course, that implies a significantly weaker USD - but we are already starting that journey as well. Protect those funds (and your bullion).
TVC:GOLDSILVERShort
by flyinkiwi10
25
GLD shows investors aren't selling yet!If you're ever wondering whether or not the market is looking rocky, a good way is to look at Gold -- money will flow out of stocks and into commodities as a hedge, and in this case, GLD is holding within this symmetrical triangle. However, if GLD looks like it's consolidating here with the oscillators indicating strength. This *could* be a sign that investors are preparing to hedge their portfolio and are expecting a market selloff sometime soon. Watch these levels, especially towards the end of the month!
AMEX:GLD
by Samirp01
GOLD Monthly chart’s “Rally & Tell”Just to recap again... 1. In early 2013, a “friend” brought me to a gathering, where the charismatic speaker claimed he was told that Gold would be tracking higher than the last high, etc. There was a following who dumped everything and loaded up on Gold then. I never went back because I saw the opposite. Clearly, from the chart, I was not wrong, although I was apparently the only one at that time to be bearish on Gold. Chided and ran over I was... I left Gold alone for a long time. Clearly, this “friend” never came back to speak to me for very obvious reasons. 2. In August 2018, I started tracking Gold closely (having left it aside since the last high in 2013), and this was due to an Enquiries for my opinion by a long time friend who suddenly was keen to accumulate Gold. Since then, I saw a multi-year opportunity and wrote about it in my Gold Odyssey blog chapter until I migrated over to TradingView. The patterns observed since then are drawn here. Namely, a multi-year Cup & Handle. Previous idea posts depict the last two years worth of experience in technicals and in real trades. 3. The projection to Gold at USD2000 was observed since last year, particularly after Trump declared a trade war by imposition of trade tariffs. 4. Gold exceeded the target by almost 5%, particularly in 2020. So where to now? From the monthly chart, few things catch my eye... Firstly, the candlestick pattern of August. With a 5%ish long shadow above the candle, practitioners would read for a following down candle in September. While early into September, price retraced enough to find the first support of 1930(-1950). This area is significant historically as it was the 2011 rejected high. Probabilities stack up against staying above this level, although most of the analysis by others yelp about the support to bounce. Clearly, I am a lot more bearish in this view (similar to 2013) and perhaps I am one of the few seeing this as a possible move towards 1500, possibly to 1400 at the lowest point. Unthinkable. Secondly, the MACD is burnig out in the rate of acceleration, and with a huge range of volatility, it looks to be able to pull back to 1800 with little effort and time, and even to 1500 (white support line). Thirdly, 1800 is a good support for a very bullish case. But the C&H pattern might need a deeper retracement to 1600 or below. Fourth, around the toppish area, the net interest of non-commercials (orange line, lower panel) and Top 8 Traders (yellow line, lower panel), all point to lowered interest, encouraging more downside. Fifth, outside of this chart, the USD is setting up a strong bullish bounce back, having almost waterfalled over the past months. This would definitely put pressure on Gold prices, as well as any USD denominated commodities. Fifth, it appears to be a time of moderation as all other asset classes are reacting, including cryptocurrencies. Lastly, the seasonal cycle is aligned for Gold to rotate lower from now till end of year, possibly extending into February next year. As projected by the handle of the cup. Whichever way Gold is going, there is definitely robust (up) trend, and being aware of the bigger picture helps going forward... as it clearly did over the past two years. IF the Cup & Handle pattern plays out... just imagine the multi year target price upon breakout. 😳😉
COMEX:GC1!
by Auguraltrader
2
Gold-ing down...Not something to short, but finally an opportunity to get ready for a second bite of the cherry, if not the last stop to boar the train is coming up... this expected pullback (mentioned before that it can pull back as deep at 1400-1600 technically, despite all rational reasoning) mane deeper than expected. Regardless, it allows an opportunity to look for entry points. Technically, there has been a series of lower highs, albeit a lack of lower lows for now. It is resting at a horizontal support as well as the triangle support. Later next week, with a risk to break out of the triangle, and breakdown below 1910 (also meeting the 55EMA orange line support), it would be clear as daylight that Gold is retracing and not consolidating. Other technicals suggest more downside to follow, for example, the MACD has crossed down in the bear territory. Other correlations include a strong bullish divergence of the USD to put downside pressure on USD denominated commodities like gold and oil (Crude oil gave way first). 1800 is the immediate target over the next two weeks. Watch for it. By the way, the white arrows indicate my last trade entry and exit points. I walk my talk.
COMEX:GC1!
by Auguraltrader
2