JenRz

GLD Potential Entry for Much Higher

Long
BATS:GLD   SPDR Gold Trust
I do dowsing and have foregone technicals, so all my levels and timing is from this method.
Last Friday when I asked about the next "big money" opportunity (which is a new question for my work), it went to gold. The last time I asked this question, the answer was for NVDA, which then rallied 200 pts. So at least this question, so far, is 1/1.

Dowsing continues yesterday, and again this morning suggesting a long opportunity in GLD. I worked last night to get as best I could the exact scenario for this, and the chart depicts the results.
Look for a low in the $193-94 area. It may get a bit lower, but then continuation of the uptrend to a target up around $243 in July.
My last big gold idea in September or so, was only a few points from the last big low. Hopefully, this will have a similar outcome. GL!

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