SPDR GOLD TRUST

NYSE ARCA & MKT

GLD

laiello

GLD's performance has caught my attention (as well as many others) over the last few weeks. It is hard to ignore that gold looks pretty attractive at the moment given the macroeconomic forces that are at play today. Before we dig into the technicals, let's remind ourselves of the following: Fundamentals: Central banks all over the globe lowering interest rates...

tangman

Today is quite wild with SLV +4%, GLD +1%, but Gold miners generally down and sucking. I actually remember the same situation happening just before the COVID crash and it seems I can illustrate it with this chart. It's hard to believe miners can be so weak with Gold so strong above $2000. They have amazing fundamentals here. But the tape is what it is. I...

jasperpf

love and hold GLD but its looking pretty extended. hoping to see a consolidation or a strong candle to signal continuation

wallstreetsharks

We are looking for a completion of wave (3) in GLD with and pending wave (4) pullback into 181 level. Wave (3) rally in progress for a move towards 192 before a corrective (a), (b), (c) pullback.

OffbeatOperator

Posted on Stocktwits and Twitter yesterday... The successful breakout retest leads me to believe the dips should be bought -- remember 2010 & 2011.

Golden_Oracle

There is a turn ahead. Too much exuberance and you may miss it...

Veets11

SLV showing a breakout in terms of relative strength to gold. $DXY breaking down further would send both higher, silver .... to the mooon $GDX $SILJ $PSLV

WadeYendall

GLD has massive upside potential. Long inside and above the box.

wallstreetsharks

We are looking for a completion of wave (3) in GLD with and pending wave (4) pullback into 181 level. Wave (3) rally in progress for a move towards 192 before a corrective (a), (b), (c) pullback.

timwest

A great way to monitor the stock market is to divide it it by gold. Since the Presidential election on Nov 8, 2016, the stock market advanced 46% against gold into the October 2018 high, but since then has tumbled back down to only a 15% gain over the past 3+ years. Violent setbacks are clearly evident on this chart and even reveals more of a triangle...

13:40

rigorocks

enjoy

tangman

I have EQX backtesting a nice cup breakout and therefore not very overbought at all. I like this one because it has very high insider ownership. Relative to Gold, I see it under-performing inside a bull flag. I think it plays catch up when it's ready to.

Princessgirl

In addition to the rising wedge/triangle we see on the GLD, there is also a nice Head & Shoulders Pattern formation presenting itself. I suspect we will go down to about 140 on the SPDR GOLD in the next 12 - 15 days. I don't know the exact timing of the bottom of the head or the top of the right shoulder, but I did put the price points at where I think the right...

askSlim

The chart shows cycle analysis on GLD. The bottom shows the repeating cycle lengths, which are very consistent in GLD and gold futures. You can see the support area, which we labeled as a buy zone. Based on momentum indicators and the structure of cycle patterns, in multiple time frames, it is expect that the price of gold will continue the uptrend.

bitguy17

Gld will get dump soon

imagynato

this graph gold vs spy gold bullish spy bearish

rocket182

There is still a lot of room for new investors to pile into gold and silver as the top stocks are now reaching their tops and the USD continues to be debased by endless money printing by the FED at least until next year. Short term could see some pull back at around 180 for this stock, but long term, GLD , gold, silver is a long term solid hedge against USD inflation.

chartreadingpro

1) Red channel in action + 2) Strong price/volume action = Expect 2000