SPDR GOLD TRUST AMEX:​GLD

What's up friends!? Welcome to this update analysis on gold, via the GLD ETF! Let's get down to business! Looking at the weekly chart, you can see that the GLD has fallen a bit, over the past few weeks, but it still remains inside of the bull flag that I covered in previous analyses. As you can see the 50 EMA (in orange) is converging with the bottom of the bull ...

GLD Descending wedge - Daily chart.

SPDR GOLD TRUST MAJOR TREND UP watch for triangle breakout or breakdown

Range

$GLD looks oversold on the weekly, may be firming up here

Bullish Divergence on Williams and MACD 1. First low 2. Second low with higher low on Williams and MACD Extra plus that it's approaching the support of the uptrend range.

good entry. longtermish hold, relative safe, good risk reward

Let's see if this comes true

In this video I discuss key support levels where selling short options for both premium as well as direction(if price bounces higher off of key support) can provide a highly probably and profitable trade setup. There is far more to options that I can fit in a 10 minute video but if you are unfamiliar with them I encourage you to research options. They can add ...

$GLD Appears to be holding the ascending triangle trend line support.

While oil is all the rage right now in the commodities world, the Gold ETF is showing us a triangular consolidation on the weekly chart. This coupled with the constriction of the bands should provide fairly good timing for a strong long term move over the next 18 months or so.

AMEX:GLD has been trading in a range. If today's movement closes the white candle as is it will be bullish engulfing candle, which can set up for a big jump to the upside with room to run. The increase comes despite an increase in the dollar index, possible fueled by Trump's attempt to cancel Iran deal. Bot July 125 call options. Will announce when to sell.

Silver is so hated right now that it could have a big technical move. That won't happen until SLV starts outperforming GLD>

-29 Symmetrical triangle -17 Week horizontal range -With climbing rates and LIBOR OIS 2.37% spike, conditions are favourable for Gold 0.25% appreciation -Much the same as XAUUSD 0.22% trade idea but my more preferable choice as the ETF is more and I like the technical picture a bit more Another week of watching Gold 0.25% . Will wait for a daily break and ...

Seeing a flat correction AND today hit the 50 fib line.

-28 Symmetrical triangle -16 Week horizontal range -With climbing rates and LIBOR OIS spike, conditions are favourable for Gold appreciation -Much the same as XAUUSD trade idea but my more preferable choice as the ETF is more and I like the technical picture a bit more Another week of watching Gold. Will wait for a daily break and close of the horizontal range ...

My feeling is that GLD is consolidating its last move and will hold the 124 handle - the March low. If not, longer term trend line is around 122, however, I would think that the overall market would have to skyrocket for that scenario to play out. Looking to add to GLD on weakness in the 124 area which is holding its 200 day.

Good day folks, I believe that GLD will go testing its channel support line at 119-120, then will reverse again just to continue its uptrend. I will be buying a couple of PUT GLD 2018JUN15 124.00 Cheers,