GLD bear call spread

SPDR Gold TrustArca

Description

⋅ Aug 4, 2017 9:43 PM

Still in a large triangle. With the USD at a support, if it bounces, GLD should go lower and from there, one could consider a BPS to leg into an iron condor, maybe 111/110?

Comment

⋅ Sep 1, 2017 9:47 PM

I have unraveled spread on the retest gap on the daily.

Comment

⋅ Sep 5, 2017 4:47 PM

Still holding... :-)