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Aug 3, 2020 11:38 PM

Start of Bullish Play on Gold Long

SPDR Gold MiniShares TrustArca

Description

GLDM 1hr price close above 9SMA in an up trending market pattern. 9 above the 20 above the 50 above the 200 and 200 positive slope. New 'stimulus' on the way which only devalues the dollar making the price of assets increase to the loss of dollar value. Will see where P&L stands at end of week before deciding to continue, increase or close position.

AMEX:GLDM

Trade closed manually

Closed at 20.55 (0.91 per share) profit. Closed for no other reason than to take profit off the table.
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