ccaru
Long

Long GLD for medium term trade

AMEX:GLD   SPDR GOLD SHARES
75 2 1
After the most recent double bottom on the daily chart , there was above average buying interest over the past 4 days. Buying on continued strength for a medium term trade, with an initial target which corresponds to the longer term downtrend line. Stop is just under the double bottom: If GLD             has a lower low from here this idea would be invalidated.
Stop moved to 114.38
Reply
I am moving my stop to 113.31, just below the most recent daily swing low, to reduce some of my risk on this position.
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out