If one trade could net 100% profit - DIA/XAU

We love watching this chart because it is very accurate but does not trade alot . We are currently following this trade set up both in an account and on paper.

The Trade:
Oct 1 2018: Buy $10,000 worth of XAU or roughly 8.3 oz
March 25 2020: Sell those 8.3 oz (now worth $13,494) for DIA @ $214.x or 63.2 shares

Today March 10, 2021: Those 63.2 shares of DIA are worth $20,160 or right at 100% profit

There are not many trades in this of course right now we are running up to another buy gold sell the market phase but caught in between. The sell the market buy gold happens above 22 and the buy the market sell the gold happens anywhere below 13 comfortably.

Happy trading

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