Black Friday saleUp to 70% OFF
SPDR GOLD TRUSTSPDR GOLD TRUSTSPDR GOLD TRUST

SPDR GOLD TRUST

No trades
See on Supercharts
Overview Analysis News
Ideas
Discussions Technicals Seasonals

GLD trade ideas

Shorting $GLD here looks like a good tradeEveryone has been bullish gold here, but the idea never made sense to me. We're still in the beginning of a market downturn, and if S&P and QQQ go down, gold is going to go down too. Now the chart is also confirming my thoughts. We just went up and retested previous support as resistance and now we look to be forming a lower high on lower timeframes. This looks like a great spot to short the pet rock. Idea would be to go short here and buy as we get closer to the orange and green supports.
AMEX:GLDShort
by benjihyam
21
GLD the gold futures ETF LONGOn the daily chart GLD is in a volume profile early breakout going above the jagged pruple line representing the top of the high volume area. Price has been compressing within a symmetrical triangle and now has broke through the descending resistance trendline portion of that. What remains to be seen is a retest of that new support line. Of late Bitcoin has ran up and probably taken with it market cap away from gold. ( see my idea on the Bitcoin to spot gold ratio) Now that Bitcoin has topped and is retracing capital is freed up to flow into gold which has been comparitively weaker. I will take a long trade here and exploit the opportunity in the cycle between gold and Bitcoin.
AMEX:GLDLong
by AwesomeAvani
5
Gold making a bold move higher....As Bitcoin steals the limelight, gold quietly and gently breaks out AMEX:GLD #GOLD Gold put in its first all time high for a daily close This will likely end with an all time high by EOW or a highest ever weekly close. Unfortunately, this leaves me with a conundrum as gold is a risk off asset and if we see a substantial increase, its possible it could be a signal of a risk off move from the liquidity sloshing around out there. Funds have been allocating to bonds and money market funds as these lower risk fixed income assets provide an element of security during uncertain times and pay an interest yield. Gold offers protection and upside potential whilst providing additional protection against inflation. In any event, it could be that we are due this long awaited move up for an asset class that has been moving in a relatively tight range since 2020. The TA suggests the bullion bull gate may have just opened Keep an eye folks, PUKA
AMEX:GLDLong
by PukaCharts
GLD , the gold futures ETF LONGGLD is shown on this 240 minute chart with a falt top triangle drawn with upper and lower trendlines for resistance and support. A volume profile is overlaid. Text boxes comment on the basis for the trade and the use of the relative strength indicator. Price is low in the high volume area confluent with the support line. I see this as a long trade set up and ready to go. Zooming into a 15-50 minute time frame will help find the best entry. The RSI indicator would need to have its time frame settings adjusted I typically use one half the chart time and twice the chart time to get a decent time spread, Gold is forecasted by some to reach $3000 spot price in 2024. Gold and Bitcoin compete for dollar attention. Things will be interesting for sure.
AMEX:GLDLong
by AwesomeAvani
GLD, GOLD I buy gold options for March Gold - I am pretty bullish for all of the 2024, I am pretty bullish for all of the crypto(my fav are: BTC, ETH, LINK, SOL). I am pretty bullish for all of the stock market - I really like NVDA and AMD plays for swing and daytrades Few fundamental reasons why I buy GLD: - Banks and goverments are buying a lot of gold from 2020 till now, and we still have very cheap price for gold - a lot of conflicts, possibility of new conflicts(Taiwan, Gyjana) Technical resons: - 5 min.m 8/34 emas crossed on 5m.chart - we are above 200 ma - we tried to break 191 level, we still need break and hold hear and next level - 193-193.25 - we tried to break 2000 on gold a lot of times, once it will break and hold will see gold 2500-3000 per unce in 2024 - Its only 1 of my few ideas right one in the market the idea is not financial advice for entertainment only...
AMEX:GLDLong
by Veberloan
1
Looking for GLD to push lower to test Weekly or DailyGLD tapped off the Weekly level 185 and has held it for over a week now. I think it could just actually hold right here or push down into the Blue line / Green highlighter level Daily level 183 and find support before moving higher. There is a fresh Weekly Daily MTF level at the Pink highlighter 179. Which is where I would put a short Put strike trading this as a Put credit spread campaign. I'm not sold just yet on the 185 holding so just waiting. I like the 183 level better because it has a previous VWAP inflection there.
AMEX:GLDLong
by claypuzzle
Wave 3 to Push GLD to New HighsWave pattern is looking fairly clear, showing that we are in a Wave 3 now. A breakout of the recent highs should push price to 230 and above. When gold starts taking off, it will be moving over 100 a day, 10 points in GLD. Target price could be achieved fairly soon, probably by the time the Fed cuts rates. Many are expecting this in March. My strategy has been buying deep in the money Jan 26 calls. Also building positions in miners and streamers. GLD, NEM, WPM, FSM and a few others
AMEX:GLDLong
by AssetDesign
2024 Year for Gold Bulls GLD! This weekly analysis provides an update on Gold (ticker: GLD) following the last assessment in the high 170s. Notably, a bullish cup and handle pattern has emerged, taking the form of a more dynamic head & shoulders configuration within the handle. The handle, which itself represents a bullish head and shoulder pattern, is poised for a breakout from the right shoulder on the weekly timeframe, anticipated around the $191.77 mark. This pattern suggests a strong bullish momentum, signaling a potential upward trend. As we navigate the financial landscape in 2024, all indicators point to a promising year for Gold. Stay tuned for further insights and real-time updates as we closely monitor the charts.
AMEX:GLDLong
by candlestickninja