MajorLeagueTrader

💰 Gold Gettting Close To The Highs. (GLD)

AMEX:GLD   SPDR GOLD TRUST GOLD SHARES NPV
💰 LET'S GET INTO SOME GOLD ANALYSIS!💰

1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤

(Overall Market Sentiment) 🐮 Bullish

- Weekly Chart
- Green Engulfing Candle
- 3/3 EMA DOTS Green

As of now we are still bullish based off the current indicators status. We need to keep in mind though that we are reaching the top of the expanding channel Resistance levels which is now testing a Resistance level currently. Next you notice we aren't to far away from the next highs of a horizontal Resistance level from previous all time highs range of Resistance. If the old Resistance levels do hold strong eno5i do believe we will get a pullback down to the lower support of the current channel. Gold I do not look as a short term trading plan but more as a long term investment. I'd play the weekly and up on gold . I will be interested in it once we hit the highs and start to shift red on the indicators for a pullback. As of now it has had an amazing push up and congrats to you all that played gold for this time period of the uptrend after that long range of accumulation! 😁👍❤

Best of luck to you and all of your trades this week! 🤜

Drop your charts and comments down below, share with us what you think is going on in the markets! ❤❤❤

Thanks for checking out our analysis! ✌😁✌

🥇MLT | MAJOR LEAGUE TRADER
Comment: Should of been labeled as neutral, sorry about that
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