My last post on gold was 7/21/2018 and turned out well. After the target box was reached gold has turned up. See link below. If you see the action as part of a channel as pictured here we are at the top channel line which suggests to me there may be one more dip before another large up move. Will know this week. IF there is another correction it should provide a great longer term buying opportunity. Hope this is helpful. Have a great week.
Note
Here is a daily chart of GLD . If gap is closed may see short term reversal at resistance line. Note
another way to look at it.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.