SPDR Gold Trust

Potential Buy Zone for Gold

306
GLD fell last week as Dollar rallied towards FOMC.
The turn came after the completion of a bearish Gartley pattern.
Now GLD is approaching a potential Buy Zone that includes:
Weekly MA lines
Daily MA lines
Broken trend line
Structure

Risk and Potential Reward are shown

If the Fed won't raise rates, GLD can be an interesting buy.
Read more about GLD, DXY, Bitcoin and more of my weekly forecast in the #WeeklyMarketsAnalysis (search on Twitter)

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.