Bullish Wedge in GLD- GLD - Previous Bullish Trend - Bullish Wedge - Lower minimums and maximums - Long position, when the price confirm a breach of the higher band.Longby Rodwind111
GLD double bottom and upside MACD divergenceGLD double bottom and upside MACD divergence in place, have picked up some MAy 31 expiration $121 calls at 0.42. MACD says price should be around $121.5.Longby AIQ_SystemsUpdated 2
buy GLD Long calls, My theory is very simply, hedged fund have aggressively short GlD, because they dont want the gold to pop and spooke the markets,wedged down waiting to breakout 1300, again, because of trade uncertain, no trade deal all bullshit market manipulation a long with the treasurys, just delaying the inevitable, Im long Gld, waiting for 1300 to breakout then buying aggressive calls, More and more bullshit SPY Rally, Gl To allLongby Kanon82600
possible trend changesee chart after tweeking red down channel black circles are cycles Longby StevenMarkussen2
GLD Oro bajistaGLD luchando con 3 meses consecutivos bajistas. En temporada estacional bajista y sin señales de recuperación . Alta probabilidad de que tenga una reducción bajista adicional del 3-5% mensual en mayo 2019Shortby JuanCruzBozzetti0
GLD Broke SupportGold broke below support, H&S pattern, precious metals look weak.Shortby hungry_hippoUpdated 2
gld mini run forecasthere's a short run gld + scenario.. timing is good based on spx precarious all time high situation.. Assuming some will run to gold.by leftey3
GLD Going longGold is making a textbook example of descending triangle correction. It is forming after a rather big bullish move. It will take a few days fort he formation to finish. Looking for validation of our assumption. Since the move before the formation of a corrective triangle was bullish we do expect the next move after the breakout out of the triangle to be bullish as well. On the shorter 4H timeframe, we can see a short bullish opportunity, as the price has just bounced off the support line. Stop losses just below the line, in case that a smaller breakout happens. Feel free to pick up a copy of our Free Weekly Market Outlook here: mailchi.mp We wish you good luck with your trading! Longby JureKrasovic0
Long GLD for continuation breakoutThis 60m chart of gold shows an ongoing consolidation within what is likely an impulsive move higher. The larger sequence started from the swing low in August 2018, but we're only focused on price action from the early October low. After forming a simple Wave 1 rally and Wave 2 pullback, gold broke higher in a series of impulsive five-wave moves within an extended Wave 3. It broke through trend channel resistance, and then found support on the topside of the channel before topping around $127. Look for the mid-point of the trend channel as well as prior support around $121 to act as a base here. If Wave 4 (labeled as a triangle) holds current levels, GLD should resume its rally to new near-term highs around $127.50. Initiating a long position at market with the intention of holding as long as GLD remains above $119.Longby UnknownUnicorn1827491
ending in a tight spot gold is in a tight spot. stuck in the middle on the 60 minutes chart same as $iauby newsdesk0
worth a gamble hereGLD retesting the breakout from long term TL and sitting on top of the 20WEMA. If it breaks down from 121 here then it'll prolly revisit the 200WMA around 175. Prolly try a long tomorrow.Longby chinawildmanUpdated 2