SPDR Gold TrustLong
$GLD Looking to Breakout?
GLD Broke out on the week of Feb 14, 2022. Then came back in to retest the prior low. It did not exceed that low. Notice a series of Higher Lows. Looks like we are at or near an area of resistance. I will be looking to take this long over the resistance area with a tight stop just under that area if / when it breaks above it. Target old highs. All TBD. Notes on chart. Ideas, not investing / trading advice.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.