TradingView
Alix-Pimodan
Aug 1, 2018 3:27 AM
Long on GLD
Long
AMEX:GLD
1D
SPDR Gold Trust
Arca
Description
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Aug 1, 2018 3:27 AM
The recent bearish feeling around gold has pushed prices back down to an interesting level. This is a long-term trade with a good risk-reward ratio. Also, as always, a good way to diversify a portfolio heavy in equities.
Support and Resistance
Comments
RossConsidine
⋅
Aug 1, 2018 10:38 AM
so why is the fact that the price is under 20,50 and 200 moving averages a positive.
May be a good risk to reward but i would rather it have support on these levels before entering a trade.
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May be a good risk to reward but i would rather it have support on these levels before entering a trade.