TradingView
hockeysniper
Jun 21, 2020 2:44 PM

GLD - Consolidation leading to expansion Long

SPDR Gold TrustArca

Description

GLD - 2 months of consolidation leading to expansion, after June 19th jerome powell speach. I saw options July and Sept call flow for GLD, NEM, GDX and SSRM. If Gold futures closes over $1750, that would be confirmation of uptrend. The FED will keep inflating market, also Hedge funds are fully vested into markets as well. Seasonality - charts.equityclock.com/gold-futures-gc-seasonal-chart
More