iShares Gold Trust Shares of the iShares Gold Trust IAU

Breakout_Charts Premium

This is a really simple trade. Here is a weekly candle chart showing nothing but weakness. Gold failed to breakout on any time frame. Now, it is threatening two plus year support. If the support breaks, and only if it breaks, take the short side of the ledger. Ticker: $IAU iShares Gold Trust.

eladiorjb

It is an example of falling wedge on ETFs. This exercise is useful to learn about the charts! Practice is everything!

CubanEmissary Premium

A general chart showing the various probability movements on IAU.

CubanEmissary Premium

IAU looking tempted make a run this year. 1st - Probability Convergence Curve Moving towards upper convergence. 2nd - Volume Curve Near highs. The inverse correlation of this and the Derivative curve is a bullish sign. 3nd - Derivative Curve Close to flipping up. Notice the shorter timeframes are trending higher ahead of it. 4th - Volatility Curve Poised to...

feveromo Pro

Listen this boomer AF trade looks like it might finally go, monthly pennant, all gold charts are setup for this right now. plenty names. big and small. Check out XME monthly chart. Bullflag breakout. GDX/GLD. Pull up the yearly chart on gold tickers. 3bar up. Buying few months time / commons on this should be okay. Slow mover. Set it & forget it, semi - liberal stops

digital_precision Pro

Weekly bars here. Pretty perfect triangle if Ive ever seen one. Watch for a breakout either way very soon, as these normally only make it to like the 80% point of the triangle before going through one of the two trend lines.

forexpana

I am using the IAU ETF as my trading instrument to represent the Gold spot market. Looking at the Fibonacci retracement starting from the 2016 low of $20.44 and extending to the August 2020 high of $39.14, we see that the top two retracement levels are in play. The 38.2% level tends to be the most common for handy support and resistance levels. We saw price...

forexpana

Gold has been working very well with Fibonacci retracements following the bullish trend starting in 2016

swimmax

We didn't expect this type of move on IAU (we expected a return to 21 really) but welcome now we can almost retire. Still searching for news if anyone has any on IAU it would be welcome.

b6d1016fdeb149be865b678a8ac935 Pro

IAU

vik0q Pro

maybe we close pivot 16.9 next week

conradkz Premium

I scaled back my gold and put that money into Ethereum several weeks ago. Gold has been working its way down and although is showing signs of life (along with silver), it doesn't yet pose a big opportunity. I'll be watching the current up-tick to see whether we break out of the channel permanently, or whether we then resume down back down into the channel.

conradkz Premium

I've been holding onto gold far too long in this downward trend (the last time we appeared to be breaking out of the channel). I've been scaling back on this downward trend line. Gold and Silver have to reverse at some point right? Not so far they haven't. There is a lot of chatter about a 'long overdue' reversal in gold and continuation up, but at what...

Electrified Premium

What would you do? There seems to be heavy resistance at 18.50 and no real exciting support until 16.50. The previous stimulus checks don't seem to have really moved the price of gold. Where's the inflation? Normalized by DXY:

SimeonJohnson

The decline in the gold-silver spread.

maffex

iShares Gold Trust (IAU) is a passively managed ETF that seeks to match the movement of the price of gold. It provides an investment vehicle for gold by backing shares in the ETF with gold bars held in trust. After a steady recovery from the trough of March 20th, a trend reversal starting on Aug 5th manifested as a descending triangle (or perhaps a large pennant)...

jameswongg Pro

HHHL + Y1<Y2 X2 is around the same length as X1 now. It should make a reversal up soon. It is also a good sign that the angle of X2 is a lot flatter, rather than steep. got power up if W&R success.

ConfederateTrader

While the rest of the market ran bullish at the end of the previous week, Gold dipped negative, crossing below the 30-day and 50-day moving averages. Prices are currently trading horizontally in the short term with $16 being a support level that has not been broken, despite several tests since mid April. Low MACD amplitude swings also correlate to a near-term...