tipere445
Short

Channel Support likely to be tested

AMEX:GLD   SPDR GOLD TRUST GOLD SHARES NPV
Good day folks,
I believe that GLD will go testing its channel support line at 119-120, then will reverse again just to continue its uptrend.
I will be buying a couple of PUT GLD 2018JUN15 124.00
Cheers,
Trade active: It looks pretty good: some retracement as the neckline was hit, but I think that the downtrend will remains. Something to watch though.
Trade closed: target reached
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