SPDR GOLD TRUST AMEX:​GLD

Gold has been getting hammered in recent weeks. But now could be the time for GLD to get off the mat. The big glaring point is a three pointed bullish RSI divergence on the daily chart. Other indicators are also oversold, and have the whole road available to travel. Also, previous behavior in GLD is that it often forms these V-bottom patterns when it ...

Metals/Miners Liftoff (Wave 3) : This chart is a bit complicated for some, but it clearly shows the pricing pressure that is building for a massive price move in the Metals/Miners sector. I've been considering the move and what would likely be the catalyst for any explosive upside rally in this sector and I believe it will be related to global concerns with Debt ...

GLD long position I initiated yesterday. Given current trade rhetoric and earnings season I decided to park some money on this.

My recent posts on GLD focused on the dimensions of Momentum and Price. This post focus is on the Time dimension. The metals markets will sometimes have significant turns at Lunar and Solar Eclipses. 7/27/18 there will be a total Lunar Eclipse. If GLD can make a marginal new low this could be a fantastic buying opportunity. Mark

The recent bearish feeling around gold has pushed prices back down to an interesting level. This is a long-term trade with a good risk-reward ratio. Also, as always, a good way to diversify a portfolio heavy in equities.

Clear floor being set with volume on GLD, the test of lows brought in demand again and straight line move off bottom. Someone is buy the lows with vigor and using this range to cover shorts from spring highs and accumulate. Bears need to go on vacation or take profits before MM does. FOMC or JOBS numbers could set off the rocket. Cheers

My previous post focused just on the Momentum dimension for GLD. This post explores both the Momentum and Price dimensions. GLD from its 12/17/15 bottom could be forming a complex Elliott wave pattern. The 7/6/16 top - labeled (A) could be the first Zigzag of a developing Double Zigzag rally. The developing wave (B) or (X) could be taking the form of an ...

There are four market dimensions, Price, Time, Sentiment, and Momentum. This post deals just with the Momentum dimension. Weekly RSI and Stochastics for GLD are both in the area that have previously lead to bottoms. GLD could be within one or two weeks of a bottom. Mark

Eyeballing past cycles, the bottom, marked at halfway point aka 80days from now, ---good--resistance at the midline, reverses* alot or a little, then heads to the top with the last balancing green volume spike, balancing out the trend as interest rates lower.

About to test some key support levels

Hello Traders, Daily chart is showing strong bullish divergence and the price action already has started last Friday. I would assume the continuation of this reversal. Even though I don't think we will break the ascending triangle in the next try, it also seems improbable that we will be seeing the Gold prices this low in short-midterm. Here is the weekly ...

Using this reference candle and bar as the low and floor..cheers

Looking to long Gold trust

$GLD weekly chart - Swing trade Idea:Expecting bounce from here(200SMA). Last time it did bounce from the same spot.

Opened a 'poor mans covered call' on GLD. Going long on this alternative asset class to diversify the portfolio. My overall bias is higher gold based on the technical price trend since 2016 and expect we'll soon see a reversion towards the mean/median price range. Bought the OCT 112 CALL at 86 deltas, 105 days to expiration as a stock replacement for 8.12 and ...

Looks like gold is setting up for a really nice short sqeeze and then a pretty strong selloff into year-end. As per fractal analysis, we should see this pop take us to 126 region within 30 days and then a slow and frustrating drop into my C. I expect all of this to take till year end. An evil alternative exists of direct downside, as long we we are below 120.7. ...

Went long on GLD at $117.64. Stop Loss at $117.25. Price Target $119.59 Low Risk / High Reward Setup https://www.tradingview.com/x/999BWRLR/

Breaking falling wedge