Gld currently in a consolidation phase. Forming a cup and now handle, a breakout gives a price target of 260$ with a stop at the bottom of the handle at 245$ this gives a 3:1 risk reward trade set up. And a new ATH for GLD
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.