AssetDesign

GLD - Buy the Pullback

Long
BATS:GLD   SPDR Gold Trust
While today's down move may look dramatic to some, two things going on. One is a typical .382 Fib retracement. The other, a test of the breakout level. Looks like an easy run to the top of the trend channel above 230.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.