O87 trade ideas
$GLD is in a consolidation pattern for nowPeople are using funds from $GLD to finance their buying of stocks for now. Wait for a pull back in the market to get into $GLD. $GLD may just bounce around here for awhile before making its next leg higher.
GLD
1. GLD is in a clear uptrend
2. Price at the bottom of the range testing support
3. Stop at 157.75
4. Profit target 3:1
$GLD Approaches Another Bull Trend BreakoutGLD will likely be in focus this week as chaos erupts in the US and the money printing from the Fed continues unabated and holds the safety net in place.
The range under construction over the past two months appears to hold a bullish trend continuation posture.
GLD short update 2Exit all short positions -4hr timeframe from May 21 entry for profit. Look forward for long positions accordingly to your timeframe (4hr) and risk setup.
Potential Market Top Indicator GLD/SPY This chart is honestly very interesting and I wish I would have seen it before during normal market growth. As GLD/SPY hit the previous swing highs was March 23rd, the day the market began its collapse.
I'd keep this within your tool box of fancy shmancy charts for use in the future ;).
GLD / GOLD SHORTCortos en ORO a mediano plazo y largos a largo plazo. Terminando B de medio plazo, comenzando C de mediano plazo. En espera de comenzar dre nuevo su ruta alcista.
dollar will crush gold for interim - massive cup and handlethese are unprecedented times
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gold is on the rise but suplly is not fari expect gold to rise to about $161.10 area but will struggle to break to supply.
GLD LongNot a bad place to long if you don't have too much short term exposure. Still looking for more upside until it breaks down.
GLD short updateFor those profited from the short positions since yesterday, monitor the inside upward channel as the price is about to hit the bottom boundary. You can exit some short position depending on your risk setup and/or allow some to possibly drop to the bottom boundary of the outward upward channel.
