iShares Gold Trust Shares of the iShares Gold TrustArca
Description
⋅
After successful brake above the triangle consolidation almost everybody started buying on the evidence of renewed bullish trend. However the party lasted up to yesterday, when the price of $1632 closed below long term trend (200-day moving average). The most bearish case is around $1500 level. However the overall expectations for the gold support long term appreciation with target price $1950.