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joshua.weir

short GLD

Short
SPDR Gold Trust (AMEX:GLD)  
joshua.weir Updated   
AMEX:GLD   SPDR Gold Trust
Harmonic Patterns Chart Patterns Technical Indicators Gold
3
2
harmonicpatterns chartpattern indicator gold
- gold is overcrowded
- USD seasonal bullish
- ABC target / fib extension / multiple fib confluence target around 170-172
Comment:
still holding short
Comment:
Still holding short, but this pattern looking like a bullish triangle. Looking to bail out at 179-180.
Comment:
Will hold off bailing out of this position, wait and see if equities sell off again today this will drag GLD down too.
Comment:
This has been a pain trade. Price still in a triangle with flat support indicating still chance of break down. Still holding short.
Comment:
Still short, waiting for gold to hit the strong support 172 area.
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