fximperija

Retest of weekly breakout

AMEX:GLD   SPDR Gold Trust
GLD broke out and reached target - Golden Cross. Now going to retest the trendline break and I expect to continue higher. However, ruling out the pullback to 38.2 or even 50 would be very ignorant. Dropping bellow 110 would target 105s.

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.