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$GLD short idea

Short
SPDR Gold Trust (AMEX:GLD)  
optionsswing  
AMEX:GLD   SPDR Gold Trust
Trend Analysis
6
0
trendanalysis
The Dollar is breaking out causing foreign currencies to fall under pressure. The Euro continues to breakdown and the Japanese Yen as well. This is putting pressure on commodities such as Oil and Gold.

$GLD is breaking down through supports, targets to the downside are 158, 155, and 150. Possible round trip to Covid lows. Hang on tight Peter Schiff!

OptionsSwing Analyst
Daniel Betancourt
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