SPDR GOLD TRUST GOLD SHARES NPV

NYSE ARCA & MKT

GLD

If you are looking to trade Gold SPDR Trust ETF (Exchange Traded Fund) or Gold XAUUSD cash market, the long term Gold GLD forecast is bullish. Gold ETF has been rallying for the last weeks creating new strong impulses on the weekly timeframe showing more strength on the bull side. Currently we have a weekly supply imbalance in control around $126. As supply and...

With the devaluation of currencies globally and negative interest rates plaguing over 25% of sovereign government interest rates, Gold has come back in favor breaking their resistance of $129.00. Broad indexes are at all time highs and fear of devaluing currencies will create a run for a "store of value" trade which can also be perpetuated by a "fear trade" where...

A friend suggested to look at GLD. I saw the bull flag and went on it for a 2% risk.

After laying dormant for most of 2019, Gold prices ($GLD as a proxy) took off in late May/early June 2019 and have experienced a nice rally since then, rising 7.7% in June 2019 and posting its best monthly gain for the year so far. However, it appears that the rally may be taking a breather. As of July 5th, prices have remained in the Fibonacci 100 zone($135.55),...

Breakout -> Retest -> Moving Higher...

The ABC correction is near complete having completed the Triangle and now nearing completion of the quick "thrust" Elliot calls for after a Triangle. C equals A about where it is now. Corrections often end at a previous forth wave, which could be now or up to 145 (1,450 cash). Then look for the longer term bear to continue with a complete retracement, and then...

Gold Price Down Use Fibonacci Cluster to find the possible ending target.

GOLD and Bitcoin seem to have found similar trend recently.. Does this continue??

We seemed to break out above the flag today after the FED confirmed rate cut which is bullish for Gold. The volume on this bull flag is perfect, you can see volume was moving higher on the flag pole, then dropped on the flagging, and is now moving up on the flag pole up. Confirmation is above $135 my measured target is $140.22. From here that is roughly a 5% gain...

A chart with better commentary

GOLD HYPE IS JUST STARTING!

GLD

3 YEAR PRICE TARGET: GLD $320 NGD +$14 (ALREADY LOCKED IN $.78) CLEAR BREAKOUT, MIGHT SEE $1,550 - $1650 GOLD PRICE EOY

GLD has little more run imo 137 next major test

Gold

Gold topped August 2011 completing an intermediate level 5 way advance ending at 1,923. It has been correcting ever since in intermediate (Green) (A)(B)(C) with (A) in 5 minor waves and (B) in 3 minor waves (with red B as a running triangle which I believe was followed by a quick thrust C that just finished at yesterday's high of $1,454). Minor wave (B), where...

A larger descending triangle breakout along with a smaller ascending triangle breakout

dip due to a short term spike in DXY. but with fed cuts coming will help usd sell off. will it be a .25 or a .50 bps? to be continued